TMI BlogDisinvestment of 5% paid up equity of Bharat Heavy Electrical Ltd.X X X X Extracts X X X X X X X X Extracts X X X X ..... Disinvestment of 5% paid up equity of Bharat Heavy Electrical Ltd. - News and Press Release Dated:- 30-8-2011 - News - The Cabinet Committee on Economic Affairs today approved disinvestment of 5% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... paid up equity of Bharat Heavy Electricals Limited (BHEL), a Central Public Sector Enterprise (CPSE), engaged in execution of heavy engineering / electrical equipment manufacturing projects. This i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in line with the Government of India`s policy of enhancing people`s ownership in the CPSEs and enabling them to share in the growth and prosperity of these CPSEs. The Government will disinvest 5% eq ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uity in the company, out of its share holding of 67.72% through book building process in the domestic market. The paid up equity capital of the company is Rs.489.52 crore. BHEL is a listed Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Public Sector Enterprise. The Government has decided to allow 5% price discount to the retail investors as well to encourage greater public ownership of the public sector companies. Ten percent of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shares to be offered for sale through further public offer shall be reserved for the employees of the Company. Government has also decided to allow 5% price discount to the employees of the company. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... After this disinvestment Government of India shareholding in the company would come down to 62.72%. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
