Exclusive: Balmer Lawrie’s logistics arm likely to be divested first; government to expedite process
The divestment process of Balmer Lawrie & Co Ltd’s logistics arm is likely to be expedited. It is one of the 8 subsidiaries of the state-run company. The government intends to start selling the subsidiaries one-by-one. Zee Business’ Brajesh Kumar Mishra brings this exclusive report
In December, SBI Capital Markets presented a report on this company. The government is likely to appoint a transaction advisor soon