<div>The government will sell a 7.64 per cent stake in state-run National Fertilizers on Wednesday through a share auction, disinvestment secretary Ravi Mathur told reporters. </div><div> </div><div>The sale is part of the government's efforts to raise Rs 400,00 through stake sales in the current fiscal year. So far this year it has only raised about $140 million. The government currently owns 97.64 per cent in the fertilizer company. </div><div> </div><div>At the current market price, the stake sale would raise about $17 million. Ahead of the offer, shares in National Fertilizer were trading 8.4 per cent lower at Rs 27. </div><div> </div><div>(Reuters) </div><div> </div>
