The offer for sale (OFS) to divest the government's shareholding in Tata Communications opens Tuesday. The government would divest 10 percent shares with an additional 6.12 percent as green shoe option.

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Government official tells CNBC-TV18 that with this sale the government aims to garner Rs 8,500-9,000 crore and exit the company completely.

Watch the accompanying video of CNBC-TV18’s Sapna Das for more details.

(Edited by : Ajay Vaishnav)

First Published:Mar 16, 2021 9:11 AM IST