Government to sell 10% stake in MIDHANI

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Government plans to sell 10% stake in defence PSU Mishra Dhatu Nigam Ltd, which rules in metal alloys manufacturing. The company is expected to raise Rs 360 crore by offering it’s 10% stake. The company launched its IPO back in April 2018, where the government was benefited by selling 26% of the company’s stake and acquiring Rs 438 crore in return.  

 

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