5th attempt at disinvestment
This is the fifth attempt to disinvest the government stake in the PACL. The latest bid to disinvest from the caustic soda lye manufacturer was made in September last year. In 2018-19, the company had achieved its highest ever sales turnover of Rs 375.73 crore, when it had also registered a profit after tax of Rs 55. 86 crore.
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