Express News Service NEW DELHI: The government is planning to decrease its shareholding in three Defence Public Sector Undertakings (DPSUs) in the future but timeline for execution of this step is not decided yet. Shripad Naik, Minister of State (MoS) for Defence on Monday informed, “The Government is planning to decrease shareholding in Defence Public Sector Undertakings (DPSUs) namely, Bharat Earth Movers Limited (BEML Ltd)., Garden Reach Shipbuilders & Engineers Limited (GRSE) and Mishra Dhatu Nigam Limited (MIDHANI).” As for timeline, Naik said, “The completion of a transaction depends on market conditions. Therefore, it is not possible to predict a timeline.”