Epic Research

Monday, May 27, 2013

Epic Update : Neyveli Lignite

Epic Update Neyveli LigniteGovt proposed to divest 5 percent via offer for sale (OFS) route in NLC
Divestment of NLC stake expected to fetch Rs 700 crore
NLC divestment was scheduled for FY13
Govt currently holds 93.66 percent in Neyveli Lignite
Tamil Nadu and Unions remain opposed to NLC divestment.

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