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Government may sell 15% stake in Bharti Hexacom in multiple chunks

Government plans to sell 15% stake in Bharti Hexacom in multiple tranches, with TCIL set to benefit from the IPO proceeds. The telecom sector s growth potential and investor confidence are driving interest in the stake sale strategy.

Government mulls to sell remaining 15% Bharti Hexacom stake in tranches, to earn special dividend, ET Telecom

The Ministry of Communications’ strategy to sell Bharti Hexacom stake in tranches, according to analysts, worked out well, and is set for a windfall gain for the government.

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