IL&FS invites EoI to sell its 26% stake in OTPC
Updated : May 25, 2020 12:22 PM IST
Moving ahead with its asset monetisation process, IL&FS has invited expressions of interest (EoI) to divest the 26 percent of the issued and outstanding shares of OTPC owned by IFIN and IEDCL.
Through IEDCL, IL&FS holds 12.03 percent and through IFIN, the group holds 13.97 percent.
In terms of eligibility for bidding, corporate bodies should have a minimum net worth of Rs 150 crore.