Govt gets Rs 747 cr from GAIL share buy back

The DIPAM Secretary said, the Central Public Sector Enterprise (CPSE) continues to be a Government company with 51.45 per cent shareholding.

Secretary, Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey has said that GAIL buyback of shares have been fully subscribed.

In a tweet, Mr Pandey said, Government received 747 crore rupees out of total buyback size of one thousand 46 crore rupees.

The DIPAM Secretary said, the Central Public Sector Enterprise (CPSE) continues to be a Government company with 51.45 per cent shareholding.

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