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MoF to sell stake in 6 listed PSUs

This article was posted on Jul 17, 2009 and is filed under Stock News

The Centre has already announced plans to sell stake in unlisted PSUs – NHPC and Oil India through an initial public offering of these companies.

The Ministry of Finance on Friday announced that it was planning to sell between 5-10% stake in six PSU companies as part of the government’s disinvestment program for the year. The PSUs concerned are NMDC, NTPC, Hindustan Copper, REC, Engineers India and MMTC.

The Centre has already announced plans to sell stake in unlisted PSUs – NHPC and Oil India through an initial public offering of these companies.

source: Indiainfoline

Tags: disinvestment, mof, NHPC, NTPC Disinvestment

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