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Strategic divestment: Valuation of companies caught in the crosshairs

Forces govt rethink on NINL valuation, delaying sale

Topics
Valuations | Companies | Divestment

Nikunj Ohri & Shreya Nandi  |  New Delhi 



Company, PSUs, valuation, firms
The government is looking to sell 93.71 per cent stake in NINL held by central and state PSUs | Illustration: Binay Sinha

The Department of Commerce has flagged concerns over the valuation of under strategic divestment, citing the case of Neelachal Ispat Nigam (NINL). This has led to the government going back to the table on the method of valuing a public sector enterprise.

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First Published: Fri, July 23 2021. 06:10 IST

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