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Disinvestment of 10.82% paid up equity in Steel Authority of India Limited out of Government of India shareholding of 85.82 percent.

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....isinvestment of 10.82% paid up equity in Steel Authority of India Limited out of Government of India shareholding of 85.82 percent. <br>News and Press Release<br>Dated:- 20-7-2012<br><BR>Press Informa....

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....tion Bureau Government of India Ministry of Finance 20-July-2012 10:36 IST Disinvestment of 10.82% paid up equity in Steel Authority of India Limited out of Government of India shareholding of 85.....

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....82 percent The Cabinet Committee on Economic Affairs has approved the disinvestment of 10.82% equity of Steel Authority of India Limited (SAIL) out of Government of India shareholding of 85.82% throu....

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....gh an Offer of Sale of shares through stock exchanges as per SEBI Rules and Regulations. After this disinvestment Government of India shareholding in the company would come down to 75%. The paid up e....

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....quity capital of the company, as on 31st March, 2012 was Rs.4130.53 crore. SAIL is a listed Maharatna Central Public Sector Enterprise and is the largest domestic steel producing company. It is also e....

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....ngaged in the business of mining, production and marketing of iron and steel. ****** SH/RK/SK<BR> News - Press release - PIB....