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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. X X X X Extracts X X X X X X X X Extracts X X X X ..... aid 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 is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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% equ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity 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 P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ublic 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. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fter this disinvestment Government of India shareholding in the company would come down to 62.72%. X X X X Extracts X X X X X X X X Extracts X X X X
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