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IFCI plans to disinvest 2.5 per cent of its equity shareholding in the National Stock Exchange through a competitive bidding process.
The company has invited bids which must be submitted before September 5. Pricewaterhouse Coopers (PwC) has been appointed as a consultant for advising and managing the disinvestment process.
IFCI is a government controlled company with the government holding 55.53 per cent stake.
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