Listing of Government Companies in the Stock Exchange

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..... nal Secretary, Department of Disinvestment on the subject cited above. The Financial Advisers, who are on the Board of CPSEs, are requested to emphasize the benefits of listing, as mentioned in the above D.O. letter, and get the CPSEs listed in compliance with the disinvestment policy. Further, Financial Advisers are requested to advise the CPSEs that consequent to listing such Companies would be .....

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..... refore becomes robust and multilayered. (f) Enhanced corporate governance with the induction of independent directors. (g) Higher levels of investor focused scrutiny and research demand adherence to professional conduct of business resulting in improved corporate culture. (h) The companies will be subject to market discipline that helps improve the working culture - both at managerial level .....

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..... eously proves for higher economic growth. (h) This also releases fiscal space for social sector like education, health and sanitation. E. UNLOCKS TRUE VALUE FOR ALL STAKEHOLDERS (a) Consequent to list, the CPSEs will be able to approach the capital market to raise resources for their capital expenditure requirements as is the case among private sector companies. Thus the dependence on Govern .....

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