ECGC expects listing process to complete by Q4
时间:2024-06-17 21:20:56 阅读(143)
The initial public offering (IPO) process of state-owned Export Credit Guarantee Corporation (ECGC) is expected to be completed by the last quarter of the current financial year, chairman and managing director M Senthilnathan said.
The Department of Investment and Public Asset Management (DIPAM), which is overseeing the listing process, had told ECGC that the process would start after the LIC public issue. While ECGC is awaiting further instructions, the DIPAM has carried out the initial review of the company, Senthilnathan said at the launch of the enhanced export credit risk insurance cover to smaller entities.
The scheme will be offered by State Bank of India, which avails of export credit to the tune of Rs 25,000 crore from ECGC and has a base of 3,000 exporters, Senthilnathan said.
猜你喜欢
- Titan case- Sebi fines eight individuals for breach of insider trading norms
- Tax incentives unlikely for sovereign green bonds
- Swan Energy repays debt of Rs 40 crore towards its fund-based facilities of textile business
- Nifty to snap winning streak or top 19550- See GIFT Nifty, FII data, F&O ban, crude, more before market opens
- Syrma SGS Technology IPO GMP rises; 3 more companies file IPO papers with SEBI
- Nifty to witness buying above 18000, Bank Nifty may trade range-bound; use this strategy for 19 Jan F&O expiry
- Toyota Kirloskar Motor implements safety programs to increase awareness among youth
- Tracxn Technologies IPO subscribed 54 pc on Day 2
- Tamilnadu Coke & Power files DRHP for IPO, aims for ferrosilicon Unit and solar power expansion