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Govt to amend guidelines on CPSE capital restructuring
Millennium Post Delhi
|September 02, 2024
Finance Ministry in May 2016, issued a comprehensive guidelines on 'Capital Restructuring of CPSES'
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The government is working to amend its 2016 guidelines with regard to dividend payment, bonus issues and share buyback by CPSES, officials said.
The finance ministry had in May 2016, issued a comprehensive guidelines on 'Capital Restructuring of Central Public Sector Enterprises (CPSES)' for efficient management of government investment in CPSES.
"With the CPSEs now more strong in terms of balance sheet and having improved on their market capitalisation, it is now time for a relook of the capital restructuring guidelines," an official said.
The amended guidelines are expected to be issued by the finance ministry this month, another official said.
This story is from the September 02, 2024 edition of Millennium Post Delhi.
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