Listed PSUs get time till Aug'18 to meet public holding norm
The deadline has been extended to avoid bunching of share sale offers from state-owned firms and the government gets to decide on the opportune time to divest stake in any PSU, including the blue chip ones.
Jul 14, 2017, 17:11 PM ISTListed PSUs should interact regularly with investors: DoD
Taking a leaf out of private firms, the Department of Disinvestment (DoD) wants listed PSUs to be more proactive in investor contact and keep them updated on company plans so as to facilitate a share sale on short notice to capture market highs.
Oct 25, 2015, 11:57 AM ISTGovt notifies 25% minimum public holding norms for listed PSUs
Paving way for sale of PSU shares worth an estimated Rs 60,000 crore over three years, the government has notified rules for minimum 25 percent public shareholding in listed state-owned firms.
Oct 09, 2014, 16:05 PM IST