5-Apr-2017 Source: HeliHub.com
The Indian government has called on SBI Caps to ready the documents for disinvestment for Pawan Hans as well as act as a transaction advisor. The disinvestment looks to be complete by March 2018. Also working on the matter is RBSA who is the “asset valuer” and Crawford Baylay & Co who is supervising legal aspects. Pawan Hans Employees’ union has sought a meeting with the Prime Minister’s Office to voice their concerns and suggest the company be allowed to list rather than the current plan of disinvestment, reports India Times.