Govt extends deadline to submit bids for Air India sale till April 30

In January, the government restarted the divestment process of Air India and invited bids for selling 100 per cent of its equity in the state-owned airline

The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30.
 

The deadline was originally set at March 17.

The government had allowed access to the “virtual data room” of Air India to interested bidders late in February and allowed them further time till March 6 to pose queries.

Home Minister Amit Shah-led ministerial panel on Air India decided on extending the deadline for submission of expression of interest (EoI) by interested bidders till April 30.

While extending the date, the Department of Investment and Public Asset Management (DIPAM) in a notification