Central Government of India

Clarification on the Process of Strategic Restructuring of IDBI

The Finance Ministry said the Core Group of Secretaries on Disinvestment set the second-round process for IDBI’s strategic restructuring under powers delegated by the CCEA. The reserve price was unchanged, and independent, double-blind valuations informed bid assessment. The discovered price added Rs 3,917 crore to transaction value.

Original Press Release

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Filed under Ministry of Finance (India)
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