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Government approves strategic disinvestment of Central Electronics Limited

Government approves strategic disinvestment of Central Electronics Limited

Mon, Nov 29, 2021

Cabinet Committee on Economic Affairs (CCEA) empowered Alternative Mechanism (AM) has approved the highest price bid of Nandal Finance and Leasing Pvt Ltd for sale of 100% equity shareholding of GoI in Central Electronics Ltd (CEL). The winning bid is for Rs 2,100,060,000 (over Rs 210 cr).

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