Web2 May 2024 · Vallabh added: “The Modi government has sold 51 per cent stake in Pawan Hans to Star9 Mobility Private Limited for Rs 211.14 crore. The reserve price for the sale of this 51 per cent majority stake was fixed at Rs 199.92 crore. The other two bidders that participated made bids of Rs 181.05 crore and Rs 153.15 crore, respectively. Web29 Apr 2024 · Photo: Bloomberg After three failed attempts to disinvest, the Centre has finally found a suitor for loss-making Pawan Hans. The government will sell its 51 per cent …

What is Pawan Hans and why is it being sold? - The Indian Express

Pawan Hans Limited was incorporated on 15 October 1985 as the Helicopter Corporation of India (HCI), the country's one and only government-owned-helicopter service provider with the objective of providing helicopter support services to the oil sector for its off-shore exploration operations, services in remote areas and charter services for promotion of tourism. It is a government-owned-helicopter service provider with 78.5% ownership by the union government & 21.5% with ONGC. ON… Web30 Apr 2024 · New Delhi: The Finance Ministry on Friday said Star9 Mobility Pvt Ltd will buy the government's 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), … thirsty coffee

Govt. gets financial bids for Pawan Hans stake - The Hindu

Web2 days ago · Price 26.23% away from 52 week high Financials Piotroski Score i indicates Industry Comparison Market Cap - Below industry Median Shareholding Pattern Promoters holding remains unchanged at... Web29 Apr 2024 · The Reserve Price for sale of 51 per cent shareholding of PHL was fixed at Rs 199.92 crore. The government has approved selling its 51 per cent stake in helicopter … Web9 Mar 2024 · Pawan Hans Helicopters Ltd. 61. Projects & Development India Ltd. 62. Scooters India Ltd. ... (M-Cap) of 50 CPSEs based on stock prices on BSE and NSE stood … thirsty chiefs brewing company