Pawan Hans Limited is a government-owned helicopter service provider based at Noida in Delhi NCR, India. It is under the ownership of the Ministry of Civil Aviation, Government of India.
Star9 Mobility Private Ltd, a consortium of Big Charter Private Limited, Maharaja Aviation Private Limited and Almas Global Opportunity Fund SPC, emerged as the highest bidder quoting Rs 211.14 crore, the FinMin stated.
The Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs (CCEA), has approved the highest bid of Star9 Mobility Private Ltd for the sale of entire shareholding of the Government of India (GOI) (51% of shareholding) of Pawan Hans Limited (PHL) and transfer of management control.
The Alternative Mechanism, committee empowered by the CCEA, has approved the highest bid of Star 9 Mobility Private Ltd for sale of entire government s 51 per cent of shareholding of Pawan Hans Limited (PHL) and transfer of management .
Star9 Mobility To Buy Govt s 51 Per Cent Stake In Helicopter Service Provider Pawan Hans For Rs 211 Crore swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.