IFCI invites bids to divest 2.5% stake in NSE

Our Bureau Updated - November 25, 2017 at 10:56 AM.

IFCI plans to disinvest 2.5 per cent of its equity shareholding in the National Stock Exchange through a competitive bidding process.

The company has invited bids which must be submitted before September 5. Pricewaterhouse Coopers (PwC) has been appointed as a consultant for advising and managing the disinvestment process.

IFCI is a government controlled company with the government holding 55.53 per cent stake.

Published on August 14, 2014 06:10