Center Clears 26% Strategic Sale In BEML

PINAKA Multi-Barrel Rocket System mounted on a TATRA 815 Weapons Carrier Truck



The stake sale may fetch the exchequer more than Rs. 1,000 crore



The Centre will sell 26 per cent stake in defense equipment manufacturer BEML, making it the first major PSU to be sold through strategic disinvestment, which may fetch the exchequer over ₹1,000 crore.



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