New Delhi, June 8 -- The Centre on Monday launched an offer for sale (OFS) of a 2% base stake in state-run NLC India Ltd (formerly Neyveli Lignite Corporation), with a 1% greenshoe option in the event of oversubscription, as it seeks to bolster disinvestment receipts in 2026-27.

So far, the government has mobilized Rs.12,165.85 crore through stake sales via OFS in three public sector companies-8.08% in Central Bank of India, 2% in Coal India and 6.01% in NHPC Ltd.

The Centre has raised a total of Rs.18,532.78 crore, which is about 23.2% of its FY27 target of Rs.80,000 crore, as reported by Mint on 5 June, through disinvestment and asset monetization, including Rs.6,366.93 crore from land sales.

"The OFS will open for non-retail investo...