Hyundai Motor plans to offload 14.2 crore shares in upcoming mega IPO

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Hyundai Motor announced in a regulatory filing on Tuesday that it will sell 142 million (14.2 crore) shares it holds in Hyundai Motor India for the company's initial public offering.

After the sale, the South Korean automaker will retain 670 million (67 crore) shares in Hyundai Motor India, maintaining an 82.5% stake.

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