NBCC Emerges Successful Bidder For HSCC
2018-09-13 Merger and Acquisitions Other Services Northern India
NBCC India Limited earlier communicated regarding submission of financial Bid by NBCC in respect of 100% Strategic Disinvestment of HSCC (India) Limited invited by Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, GOI. DIPAM intimated vide letter dated 13.9.2018 that NBCC has been selected as the buyer for 100% strategic disinvestment of HSCC at a bid amount of Rs. 285 Crores. The detailed information will be submitted on signing of Share Purchase Agreement.