Share Sale in SAIL

Oct 23, 2010, 19:08 IST

The Union Steel Ministry on 10 Feb 2010 declared it would send to the Union Cabinet the proposal for the 20-per cent share sale in Steel Authority of India Ltd. (SAIL) within 10 days. The share-sale proposal which would see the company raise 10 per cent fresh equity, is expected to fetch the government and the firm around Rs. 9000 crore each, based on the current share price.

The Union Steel Ministry on 10 Feb 2010 declared it would send to the Union Cabinet the proposal for the 20-per cent share sale in Steel Authority of India Ltd. (SAIL) within 10 days. The share-sale proposal which would see the company raise 10 per cent fresh equity, is expected to fetch the government and the firm around Rs. 9000 crore each, based on the current share price.

Jagranjosh
Jagranjosh

Education Desk

Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News