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SAIL chairman says follow-on share sale in mid-February

Last month, joint secretary in the federal steel ministry Daljit Singh had said Steel Authority of India's share sale would be launched by mid-January.

SAIL chairman says follow-on share sale in mid-February

Steel Authority of India (SAIL) will launch its follow-on share sale in the second week of February, chairman CS Verma said on Thursday.

Last month, joint secretary in the federal steel ministry Daljit Singh had said SAIL's share sale would be launched by mid-January.

CS Verma had said in last September the issue would raise up to $1.9 billion.

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