Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
In November
2019, the Union Cabinet approved the strategic sale of a 30.8 per cent stake,
along with management control, in Concor — a Navratna PSU under the Railways Ministry.
The
government currently holds 54.80 per cent of Concor. “The government is unlikely to push Concor’s
strategic sale. There are some concerns from Railways Ministry as also
investors,” the official said.
The official further said that with the government
holding in the company at 54.80 per cent, there is little scope for coming out with
an offer for sale (OFS) in Concor.
Although
the Cabinet approval for the Concor sale was accorded in 2019, no worthwhile
progress has so far been made, and even an Expression of Interest (EOI) has not
been invited for the strategic sale.
