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Economy

Finance ministry plans to transfer PSU shares to meet Sebi's public float norm

Updated : July 24, 2018 08:46 AM IST

With the deadline looming, the ministry is contemplating to shift government shareholding in the 10 PSUs to 'Special National Investment Fund' (SNIF).
The government had in 2013 approved setting up of SNIF with the specific objective of meeting the minimum public shareholding of 10 percent.
Finance ministry plans to transfer PSU shares to meet Sebi's public float norm
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