https://www.taxtmi.com/news?id=3983 The Cabinet Committee on Economic Affairs approved the divestment of 10 percent paid-up equity of Hindustan Aeronautics Limited through an Initial Public Offer in the domestic market under SEBI regulations, allowing a five percent discount for retail investors and eligible employees under the employees reservation portion, which will reduce the Government of India's shareholding to 90 percent; HAL is an unlisted Schedule-'A' Navratna Central Public Sector Enterprise under the Ministry of Defence engaged in aircraft and aero-engine design and manufacture. en-us Thu, 08 Nov 2012 14:46:59 +0530 Thu, 08 Nov 2012 14:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3983 The Cabinet Committee on Economic Affairs approved the divestment of 10 percent paid-up equity of Hindustan Aeronautics Limited through an Initial Public Offer in the domestic market under SEBI regulations, allowing a five percent discount for retail investors and eligible employees under the employees reservation portion, which will reduce the Government of India's shareholding to 90 percent; HAL is an unlisted Schedule-'A' Navratna Central Public Sector Enterprise under the Ministry of Defence engaged in aircraft and aero-engine design and manufacture. News - Thu, 08 Nov 2012 14:46:59 +0530 https://www.taxtmi.com/news?id=3983