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nmdc steel: Focus to be on concluding ongoing strategic sales in FY 25, says DIPAM Secretary

DIPAM, which manages government equity in public sector companies, is also working on privatisation of CPSEs where preliminary Expressions of Interest (EoIs) has been received from prospective bidders. Pandey said the companies where EoIs have been issued and where initial bidder interest has already come in, those will be pursued in next fiscal.

Govt plans investor roadshows for HZL disinvestment this month

The government is likely to begin international roadshows starting with the US this month for the sale of its residual 29.54 per cent stake in erstwhile public sector company Hindustan Zinc Ltd HZL, an official said.The government had decided to exit the zinc maker last year but the plan hit a roadblock because of the firms owner, billionaire Anil Agarwals Vedanta Ltd proposal.

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