STAKE SALE

▶ The Centre and LIC hold 45.48% and 49.24% share in the bank, respectively

▶Govt is looking to appoint only one transaction advisor for sale of both the entities’ stakes

▶DIPAM says an open offer can be triggered in accordance with Sebi rules

▶ Any person holding less than 25% of shares in a company can make an open offer provided that it is for a minimum of 26%