ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

ABG Shipyard decides to divest Western India Shipyard

“The company’s board has agreed to invite suitable bid from the prospective investor and negotiate the deal including best price,” it said.  

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
ABG Shipyard decides to divest Western India Shipyard
The company currently holds 60.26% stake in Western India Shipyard. Photo: Wikipedia

ABG Shipyard - has decided to sell off its subsidiary Western India Shipyard, it said in a filing with stock exchanges on Thursday.

“The company’s board has agreed to invite suitable bid from the prospective investor and negotiate the deal including best price,” it said.  

The company currently  holds 60.26% stake in Western India Shipyard. 

Recently, ICICI Bank has acquired 11% in ABG Shipyard by converting its debt into equity.

Shares of ABG Shipyard closed at Rs 33.15 per share on BSE Sensex, up by 1.19%.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
ABG ShipyardWestern India ShipyardICICI BankdivestmentSharesBombay Stock Exchange (BSE)
Written By: ZeeBiz WebTeam
Updated: Thu, Oct 06, 2016
03:50 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
ABG Shipyard Rs 22,000 crore loan fraud case: CBI files chargesheet; CMD included ABG Shipyard Rs 22,000 crore loan fraud case: CBI files chargesheet; CMD included

LATEST NEWS

IISc to collaborate with Samsung in advanced nanoelectronics device research

PM Modi wears jacket made from recycled plastic - PHOTO

Buy ITC share, price target Rs 420: ICICI Securities

RBI MPC: Central bank projects inflation to fall to 5.3% in FY24

Home, personal loan EMIs set to rise as RBI hikes repo rate for 6th in a row - Here's the math behind it

Ahead of ban order, RBI gave a list of apps working with NBFCs to govt

India Vs Australia Live Streaming: When and where to watch IND Vs AUS 1st Test match Live Streaming, Live Telecast in India on TV and Mobile App

SID Ki SIP: These 4 small cap companies can yield up to 16% return

CBSE Exam 2023: Admit Card for Class 10, 12 released on cbse.gov.in - Check steps to download and exam timing

​M&M Q3 Results Preview: Auto major may report robust earnings; profit seen growing by 37% YoY

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV