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<h1>Government Sells Majority Stake in Public Sector Company, Reducing Ownership Below 51% and Transferring Control to Buyer.</h1> Strategic disinvestment refers to the sale of shares by the Central Government, State Government, or a public sector company in another public sector company or any company, leading to a reduction in their shareholding below 51% and a transfer of control to the buyer. The reduction condition applies only if their shareholding was above 51% before the sale. The transfer of control can be executed by the Central Government, State Government, public sector company, or any combination of these entities.