The government has received multiple expressions of interest (EOIs) for strategic disinvestment of MSTC’s wholly owned subsidiary -- Ferro Scrap Nigam (FSNL).
After completion of due diligence, DIPAM would invite financial bids from potential buyers of FSNL. Incorporated in 1979, FSNL is a subsidiary of MSTC, which comes under the steel ministry. The company is a pioneer in metal scrap recovery and slag handling in India.
MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.
| Company Name | CMP |
|---|---|
| Eternal | 252.60 |
| Meesho | 163.65 |
| Swiggy | 277.60 |
| FSN E-Commerce | 269.65 |
| Brainbees Solutions | 252.40 |
| View more.. | |
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