IDBI Bank share price rises 4% after reports of govt receiving bids for stake sale. Do you own?

IDBI Bank share price rose 4% to an intraday high of ₹87.63 after reports that the government received revised bids from Fairfax Financial (Canada) and Emirates NBD (Dubai) for the proposed stake sale. The government and LIC are jointly selling a 60.7% stake in the bank, with the government holding 45.48% and LIC holding 49.24%. The divestment process, restarted after March bids fell short of valuation expectations, is expected to be completed within the next month.