EIL not to raise finds via equity, debt sales

EIL not to raise finds via equity, debt sales
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First Published: Tue, Jan 19 2010. 10 47 PM IST
Updated: Tue, Jan 19 2010. 10 47 PM IST
Mumbai: Engineers India Ltd (EIL) doesn’t plan to raise funds through equity or debt sales, chairman and managing director A.K. Purwaha said on Tuesday. The government plans to reduce its stake in the company to 80.4% from 90.4% through a share sale, he said.
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First Published: Tue, Jan 19 2010. 10 47 PM IST