India's State Government to Sell Its Stake in Punjab Alkalies & Chemicals

The government of the Indian state of Punjab is planning to sell its entire 44.26 percent stake in Punjab Alkalies & Chemicals, according to an ad in the Economic Times.

The government holds the stake through the directorate of disinvestment, according to the ad. IFCI Ltd. is the adviser to the sale.

To contact the reporter on this story: Suprotip Ghosh in Mumbai at sghosh47@bloomberg.net

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