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Business & Economy

Centre to sell up to 6% stake in Bank of Maharashtra via OFS for ₹2,500 cr

The Centre plans to offload up to 6% in Bank of Maharashtra through an OFS, including a 1% green-shoe option, potentially raising around Rs 2,500 crore and reducing government holding below 75%
The Centre plans to offload up to 6% in Bank of Maharashtra through an OFS, including a 1% green-shoe option, potentially raising around Rs 2,500 crore and reducing government holding below 75%

By Sudhir Choudhary

Sudhir Choudhary is the Founder, CEO, and Editor‑in‑Chief of The Vagabond News, a global media platform under Meridian Multiventures Pvt. Ltd.
He is recognized for editorial leadership, brand integrity, and factual accuracy, building TVN into a trusted voice in journalism.
Beyond media, he leads ventures like BabyNBeauty.com, Glow & Grow, Thai Royal Properties, and Investers Friend, reflecting his vision for scalable, trustworthy platforms.