Stocks

Punjab Alkalies & Chem: Disinvestment process

| Updated on March 02, 2020

 

Resurgent India Ltd has been selected as an advisor for disinvestment of 33.49 per cent equity stake in Punjab Alkalies & Chemicals Ltd by Punjab State Industrial Development Corporation Ltd. Currently, Punjab State Industrial Development Corporation is the promoter of the company. The public holds 66.51 per cent stake; this includes 45 high net worth individuals holding 35.26 per cent stake. About 18,600 small investors hold 17.11 per cent stake in Punjab Alkalies.

Published on March 02, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor