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    Govt to divest 10% stake via FPO route: EIL

    Ashok Kumar Purwaha, chairman, Engineers India, says that the government is planning to disinvest around 10 percent stake in the company via follow-on public offer (FPO) route. The FPO is likely to hit the market by the second quarter of 2013-14.

    first published: Apr 23, 2013 04:06 pm

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