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NALCO OFS over-subscribed 3 times; Government of India to raise ₹ 1200 crores

News and Press Release - Dated:- 20-4-2017 - The Central Government has successfully divested 9.2% of paid-up capital in National Aluminum Company Ltd. (NALCO) to raise ₹ 1,200 crore to begin FY 2017-18 with a bang. Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India is set a record target of realizing ₹ 72,500 crore through disinvestment. This follows an all-time high achievement of ₹ 46,247 crore during 2016-17. Originally, t .....

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