Corporate News November 2019 - Acquisory Bulletin

Chandni Ansari11 Apr, 2025Business

The Govt. accorded “in-principle” approval for disinvestment of following CPSEs: • Bharat Petroleum Corporation Limited (BPCL) • Shipping Corporation of India (SCI) • Container Corporation of India (ConCor) The Government had proposed to raise `1.05 lakh crore from disinvestment in the current financial year, out of which `17,364.26 crores has already been realized from sale of stake in PSEs. The sale of stakes in the above PSEs is expected to fetch a further `78,400 crores to the Government during the rest of the year.