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Government Stake in Kribhco Not Reduced

With Krishak Bharati Cooperative Ltd (Kribhco) recently announcing to the Department of Fertilisers that Indian government would not reduce its stake in the company to 26%, the conflict between Kribhco & the government came to an ended.  The Centre's share in Kribhco's equity had in the past fallen from 67.73 per cent to 48.35 per cent.

Tags : Krishak Bharati Cooperative Ltd (Kribhco) , PSUs , equity , Multi State Cooperative Societies (MSCS) Act ,

Published on : 12-Oct-2010