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    <title>Cabinet gives ‘In Principle’ approval for strategic disinvestment of 100% GoI’s equity shares in Kamarajar Port Limited to Chennai Port Trust in a single process through strategic sale</title>
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    <description>Strategic disinvestment of Government equity in Kamarajar Port Limited to Chennai Port Trust is approved in principle as a single-stage, arm&#039;s length sale to consolidate port capacity and improve joint operational and human resource management. Transaction valuation will use discounted cash flow, asset and relative valuation methods as recommended by NITI Aayog. The process requires due diligence by both entities and appointment of advisors to assist the transaction and to enable development of focused business strategy and dedicated cargo profiles.</description>
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