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BEML privatisation: Panel to meet on Friday to finalise sale process

The government will sell 26 per cent out of the total 54.03% stake it holds in the company along with transfer of management control.

Topics
BEML | privatisation

Nikunj Ohri  |  New Delhi 



BEML
The sale could fetch the government around Rs 1,500 crore.

The inter-ministerial group (IMG) will meet on Friday to finalise the draft request for proposal (RFP) and share purchase agreement (SPA) for of . The document will give the shortlisted bidders clarity on the liabilities they will have to take on board.

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First Published: Fri, June 18 2021. 06:10 IST

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