EIL bids to buy out government stake in PDIL

2018-11-01

Engineers India (EIL) plans to bid in order to acquire the government?s 100 per cent stake in Projects and Development India (PDIL). EIL stated that its board of directors in a meeting considered the proposal for acquisition of 100 per cent paid-up share capital of PDIL from the President of India. By the way of Share Acquisition Route, the board gave the approval of the bidding for the same.

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EIL PDIL Acquisition Route Government

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