Its intention to exercise over-subscription
As filed · The President of India, acting through and represented by the Ministry of Ports, Shipping and Waterways, Government of India has informed the Exchange about its intention to exercise over-subscription
What happened
FactThe President of India, acting through and represented by the Ministry of Ports, Shipping and Waterways, Government of India has informed the Exchange about its intention to exercise over-subscription option for 66,29,636 equity shares. Proposed offer for sale ofequity shares ofa face value oft5 each (the "Equity Shares") of. on July 8,2026 ("T+l day") (for Retail Investors, Employees and for non-Retail Investors who choose.
Why it matters
CapitSignal interpretationAn offer for sale places existing shares into the market, so the register changes and the price is set by the floor rather than the screen.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedCSL secured a Notable order from Polestar Maritime Limited, for the construction of two Tugs of 70 T Bollard Pull Power.
The Tugs are scheduled to be delivered in May 2027 and September 2027 respectively.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Floor price versus market price
- Seller stake before and after
- Subscription across the two sessions
- The Tugs are scheduled to be delivered in May 2027 and September 2027 respectively. (management committed by FY27)
Evidence
- The President of India, acting through and represented by the Ministry of Ports, Shipping and Waterways, Government of India has informed the Exchange about its intention to exercise over-subscription option for 66,29,636 equity shares.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- OFS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%