In another round of disinvestment, the government of India is considering in Steel Authority of India (SAIL) and Engineers India.
Govt Considering SAIL Share Sale
The government is considering a follow-on public offer for shares of state-run Steel Authority of India Ltd, a senior company official said on Thursday.
“It is going on, under consideration of the government,” the official, who declined to be named, told reporters when asked if a public offer was likely.
He declined to provide any other details.
Engineers India – Govt Considering 10-15% Stake Sale
Engineers India Ltd said on Thursday the federal government is considering a stake sale of up to 15 percent in the state-run firm.
The federal government owns around 90 percent of the engineering and consultancy firm.
“10-15 percent is what everybody is talking about,” Chairman Mukesh Rohatgi told reporters.