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Punjab Government to Sell Punjab Alkalies & Chemicals Stake

July 15 (Bloomberg) -- 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.

Link to Company News:{IFCI IN <Equity> CN <GO>} Link to Company News:{PJAC IN <Equity> CN <GO>}

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

To contact the editor responsible for this story: Sean Collins at scollins14@bloomberg.net

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