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The Government has said that it has approved the highest bid of Star9 Mobility Pvt Ltd for the sale of its 51 per cent stake in Pawan Hans Limited for Rs 211.14 crore.

Get latest articles and stories on India at LatestLY. The Government has said that it has approved the highest bid of Star9 Mobility Pvt Ltd for the sale of its 51 per cent stake in Pawan Hans Limited for Rs 211.14 crore. India News | Private Consortium Bags Pawan Hans After Three Failed Divestment Bids.

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.

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 governments 51 per cent of shareholding of Pawan Hans Limited (PHL) and transfer of management ...

Star9 Mobility to be new owner of Pawan Hans

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Get latest articles and stories on India at LatestLY. The government has approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with transfer of management control for Rs 211.14 crore to Star9 Mobility Private Ltd, the Finance Ministry said on Friday. India News | Star9 Mobility Private Ltd to Buy Govts 51% Stake in Pawan Hans.

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