Department of Investment and Management Secretary Tuhin Kanta Pandey on Tuesday said, “The Indian Government has received Rs 310 crore by releasing its shares in a buyback program undertaken by Engineers India Ltd.”
In a tweet, Tuhin Kanta Pandey said, “Engineers India buyback of shares fully oversubscribed. The Govt has received Rs 310 crore out of total buyback size of Rs 587 crores.”
“The CPSE continues to be Government company with 51.32% shareholding,” he tweeted.
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