Govt launches OFS to divest up to 5% in BHEL

The government is offloading up to 5% of its stake in BHEL through an Offer for Sale, starting with 3% and an option for an additional 2%. Bids open Wednesday for institutional investors and Thursday for retail, with a floor price set at ₹254 per share. This move aims to reduce government holding and boost public ownership and stock liquidity.