NBCC yet to finalise timing or price of the stake sale

Psu Connect Date: 15-07-16

New delhi. The Cabinet Committee on Economic Affairs has approved 15 per cent disinvestment in State-owned National Buildings and Construction Corp. The Centre is expecting to raise over ₹1,700 crore from the stake sale. Speaking to Bloomberg TV India, NBCC CMD Anoop Kumar Mittal says the timing and price of the disinvestment is yet to be finalised.

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