Sebi’s public shareholding rule will boost disinvestments in 2014: Media
Report
26/06/2014 15:17
Sebi’s public shareholding rule will further boost disinvestments this year, said Sangita Chourre, joint secretary in the department of disinvestment in the finance ministry, as per the Reuters report. India's capital market regulator on June 19 said the government should dilute its stake in listed public-sector companies over the next three years and cap it at 75 per cent, a recommendation if taken would lead to at least USD 10 billion worth of share sales.
26/06/2014 15:17
Sebi’s public shareholding rule will further boost disinvestments this year, said Sangita Chourre, joint secretary in the department of disinvestment in the finance ministry, as per the Reuters report. India's capital market regulator on June 19 said the government should dilute its stake in listed public-sector companies over the next three years and cap it at 75 per cent, a recommendation if taken would lead to at least USD 10 billion worth of share sales.
