Cabinet Approves Listing of 11 CPSEs on Stock Exchanges
Cabinet Approves Listing of 11 CPSEs on Stock Exchanges The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for listing of the following 11 CPSEs (Central Public Sector Enterprises) on stock exchanges. Sl. No. CPSEs 1. Rail Vikas Nigam Limited (RVNL) 2. IRCON International Limited 3 Indian Railway Finance Corporation (IRFC) Ltd. 4. Indian Railway Catering and Tourism Corporation (IRCTC) Ltd. 5. RITES Ltd. 6 Bharat Dynamics Limited (BDL) 7. Garden Reach Shipbuilders & Engineers (GRSE) Ltd. 8. Mazagon Dock Shipbuilders Limited (MDSL) 9. North Eastern Electric Power Corporation (NEEPCO) Ltd. 10. MSTC Ltd. 11. Mishra Dhatu Nigam Ltd. (MIDHANI) As approved, listing of CPSEs will be through public offer of shares upto 25 per cent of Government of India’s shareholding, which may include offer of fresh shares for raising of resources from market. However, actual disinvestment in respec...