Disinvestment of 5 percent paid up equity in Neyveli Lignite Corporation Ltd.

The Cabinet Committee on Economic Affairs today approved the disinvestment of 5 percent equity of Neyveli Lignite Corporation (NLC), out of its holding of 93.56 percent through an Offer For Sale (OFS) in the domestic market according to Securities and Exchange Board of India (SEBI) rules and regulations. The authorized capital of NLC is Rs. 2,000… Read More

Tags: Coal Ministry, India, Navratna, Neyveli Lignite Corporation, NLC, Public sector, Securities and Exchange Board of India, Tamil Nadu