The UPA government has chalked out its divestment program for the year 2010-2011. It has targeted a collection of Rs 40,000 crs from the divestment. The first issue to be divested in the current year was SJVN Limited which sold 41.5 cr shares in a price band of Rs 23-26 with a 5% discount to [...]
Posts Tagged ‘PSU’
PSU Divestment: Retail Investors likely to get discount
November 14th, 2009
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There are about sixty PSU companies which are likely to tap the capital markets in the near future. Of these at least three of them namely NTPC, Satluj Jal Vidyut Nigam and REC are likely to happen in the current year. It may be mentioned here that two of the above three are listed entities. [...]
