September 4, 2026
#Business

Cabinet approves plan to list 7 state-owned firms on stock exchange

The government Friday said six public sector undertakings, including THDCIL, TCIL and RailTel, will come out with IPOs, while KIOCIL will issue follow on public offer .

The Cabinet Committee on Economic Affairs has given approval to list seven CPSE on the stock exchange through initial public offer FPO, law minister Ravi Shankar Prasad said while briefing the media.The CCEA in its meeting held on Thursday decided that six PSUs will go in for IPO and one for FPO.

The six firms to come up with IPOs are Telecommunication Consultants Ltd, RailTel Corporation India Ltd, National Seed Corporation India Ltd , Tehri Hydro Development Corporation Ltd , Water & Power Consultancy Services Ltd and FCI Aravali Gypsum and Minerals Ltd .

Cabinet approves plan to list 7 state-owned firms on stock exchange

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