Tag: Indian govt seeks bids for stake sale in NMDC’s Nagarnar steel plant

The government, under the Ministry of Finance, has invited initial bids for selling 50.79% stake in NMDC Steel Limited (NSL), the resulting company, as per a DIPAM release. Additionally, the government will offer 10% stake in the resulting company to NMDC after the strategic buyer has been identified through the bidding process and the remaining…