25th April, 2003
Ministry of Chemicals & Fertilizers


DISINVESTMENT OF FERTILIZER PSUs


RAJYA SABHA

Government have decided to disinvest its equity in the following major existing fertilizer Public Sector Undertakings (PSUs):-

Name of the PSU

Government held equity

Equity to be disinvested

National Fertilizers Ltd.

97.65%

51%

Madras Fertilizers Ltd.

59.50%

33.50%

Fertilizers & Chemicals Travancore Ltd.

98.38%

51%

Rashtritya Chemicals & Fertilizers Ltd.

92.5%

51%

 

The reserved price has not yet been decided for any of the above PSUs.

This information was given by the Minister of State for Chemicals & fertilizers, Dr. Chhattra Pal Singh, in a written reply to a question in the Rajya Sabha today.

 

 
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