Centre invites expressions of interest for 26% stake sale in BEML
Centre invites expressions of interest for 26% stake sale in BEML IANS New Delhi: The Central government has invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers Ltd (BEML). BEML is a ‘Miniratna’ Category-1 Public Sector Undertaking, under the administrative control of Ministry of Defence. The government currently holds 54.03 per cent stake in it. “Govt has issued the PIM/EOI for disinvestment of 26 per cent equity share capital of BEML Ltd along with transfer of management control. Disinvestment will be through a two sta...