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Successful bidder in Pawan Hans' strategic disinvestment disqualified, process annulled

Successful bidder in Pawan Hans' strategic disinvestment disqualified, process annulled
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Govt disqualifies highest bidder, annuls EOI process for sale of Pawan Hans

The government had, on April 29, 2022, approved the highest bidder Star9 Mobility, a consortium of Maharaja Aviation, Big Charter and Almas Global Opportunity Fund as the successful bidder for sale of 100 per cent equity shareholding of the government in Pawan Hans. ....

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Pawan Hans sale: Legal eagles warn of winning bid debarment over guideline breach

Even as Almas Global expressed surprise at the NCLT ruling, legal experts say the development may have its fallout in the Star9 Consortium’s winning bid for Pawan Hans being disqualified. ....

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Pawan Hans sale put on hold by government

The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday. ....

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Government puts Pawan Hans sale on hold

The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday. ....

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