facebook pixel
chevron_right Business
transparent transparent
Govt to exit Pawan Hans
While initially the government owned the enterprise with 78.5% stake in government hands and 21.5% with ONGC, the latter upped its stake to 49% recently, a move that saw the equity base of PHL being enhanced to Rs 245 crore from Rs 113 crore. The government proposes to disinvest its entire 51% shareholding in Pawan Hans Ltd along with transfer of management control.
For the best experience use Awesummly app on your Android phone
Awesummly Chrome Extension Awesummly Android App