PSU PRESS RELEASE
Govt invites bids from merchant bankers for HUDCO stake sale
NEW DELHI. The government has invited bids from merchant bankers to carry out 10 per cent stake sale in Housing and Urban Development Corporation Ltd.
The Department of Investment and Public Asset Management under the Ministry of Finance on Tuesday came out with a request for proposal (RFP).
“The government intends to disinvest 10 per cent paid-up equity share capital of HUDCO comprising of 20.01 crore shares with a face value of ₹10 each, out of its shareholding of 100 per cent, through an IPO in the domestic market,” it said
Read Also : NSE Nifty Next 50 to be launched today
News Must Read
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms