Date:15/10/2004 URL: http://www.thehindubusinessline.com/2004/10/15/stories/2004101502710600.htm

Back Panel to fix PSU share price band

Our Bureau

New Delhi , Oct. 14

THE Government on Thursday announced the constitution of an Empowered Group of Ministers (e-GoM) to determine the share price bands of PSUs coming up for disinvestment.

The group will be headed by the Finance Minister, Mr P. Chidambaram.

While the e-GoM would fix the price bands of PSU shares that are slated for public offers, all other things would be referred to the Cabinet Committee on Economic Affairs.