TaxTMI 
TaxTMI 
Disinvestment of 5% paid up equity of Bharat Heavy Electrical Ltd.
X X X X Extracts X X X X
X X X X Extracts X X X X
....isinvestment of 5% paid up equity of Bharat Heavy Electrical Ltd. <br>News and Press Release<br>Dated:- 30-8-2011<br><BR>The Cabinet Committee on Economic Affairs today approved disinvestment of 5% pa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....id up equity of Bharat Heavy Electricals Limited (BHEL), a Central Public Sector Enterprise (CPSE), engaged in execution of heavy engineering / electrical equipment manufacturing projects. This is ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....in line with the Government of India`s policy of enhancing people`s ownership in the CPSEs and enabling them to share in the growth and prosperity of these CPSEs. The Government will disinvest 5% equi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ty in the company, out of its share holding of 67.72% through book building process in the domestic market. The paid up equity capital of the company is Rs.489.52 crore. BHEL is a listed Central Pu....
X X X X Extracts X X X X
X X X X Extracts X X X X
....blic Sector Enterprise. The Government has decided to allow 5% price discount to the retail investors as well to encourage greater public ownership of the public sector companies. Ten percent of the s....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hares to be offered for sale through further public offer shall be reserved for the employees of the Company. Government has also decided to allow 5% price discount to the employees of the company. Af....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ter this disinvestment Government of India shareholding in the company would come down to 62.72%.<BR> News - Press release - PIB....