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Government plans fourth tranche of CPSE ETF in early September
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Government plans fourth tranche of CPSE ETF in early September
Aug 1, 2018 7:03 AM

The government is likely to launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) in early September and is aiming at an approximate Rs 10,000 crore mop up, sources privy to the developments told CNBC-TV18's Sapna Das.

The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 percent.

Moreover, four IPOs of Garden Reach, Mazgaon Dock, RVNL and IRCON are also on the government’s radar for FY19.

First Published:Aug 1, 2018 4:03 PM IST

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