ONGC to file draft for share sale on 1 March

The share sale, expected to raise up to $2.8 billion, will be launched on 15 March, Hazarika had said earlier this week.

The government, which owns 74.14% of ONGC, plans to sell 5% in the offer as part of a wider plan to sell stakes in about 60 state-run firms over the next few years.

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