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Tata Communications

THE STOCKER TIME
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  • Government of India to sell 4.6 crore shares of the company or 16.12% of the total equity through an Offer for Sale.
  •  Post the OFS, the remaining stake shall be sold to Panatone Finvest, which currently holds 34.8% stake. 
  • After completion of the transaction, the government will cease to be a shareholder of Tata Communications.

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