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Govt to exit Shipping Corp

New Delhi, December 22 The government on Tuesday invited expressions of interest for strategic disinvestment of its 63.75% stake in Shipping Corp of India along with the transfer of management control. Shares of Shipping Corp were trading at Rs 86.30,...

Tribune News Service

Updated At : 12:15 PM Dec 23, 2020 IST

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New Delhi, December 22

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The government on Tuesday invited expressions of interest for strategic disinvestment of its 63.75% stake in Shipping Corp of India along with the transfer of management control.

Shares of Shipping Corp were trading at Rs 86.30, up 4.54% over its previous close on the BSE. At the current price, the government’s stake in Shipping Corp is valued at Rs 2,500 crore. — PTI

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