10. DISINVESTMENT PROCESS 2-3 months 3-6 months 1 week Selection of PSU by MODI Approval by CCD Formation of IMG & Selection of Global Advisors Submission of Expression of Interest Submission of Initial Technical Proposal Due Diligence / Commercial negotiations Finalise Shareholders Agreement (SHA) & Share Purchase Agreement (SPA) Financial bids Selection of strategic partner & signing of SHA & SPA
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16. Fact File Top line 898 Cr. PAT 56 Cr. HC 7500 Sale of 51% stake in Balco (Management Control) Mines