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'Other' Monetary Receipts of the Government from CPSE Disinvestment
(as on 31 March 2006)
SL. No.
COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR
DETAILS OF RECEIPTS
NAME OF BUYER, IF ANY
AMOUNT REALISED (
Rs.
crore)
% RESIDUAL EQUITY WITH GOVT.
DISINVESTMENT PROCEEDS RECIPIENT
1
BHARAT ALUMINIUM CO.LTD.
1999-00
CAPITAL REDUCTION
244.42
0.00
GOI
2
BHARAT ALUMINIUM CO.LTD.
1999-00
SPECIAL DIVIDEND
31.00
0.00
GOI
3
INDIA TOURISM DEVELOPMENT CORP.LTD.
- ASHOK BANGALORE^^^
2001-02
30 YEAR LEASE CUM MANAGEMENT CONTRACT
BHARAT HOTELS LTD.
39.41
0.00
KUMARKUPPA FRONTIER HOTELS LTD. (CPSE UNDER MINISTRY OF TOURISM) AND AAI
4
MARUTI UDYOG LTD.^
2002-03
RENUNCIATION PREMIUM FOR RIGHTS SHARES
SUZUKI MOTORS
1000.00
45.79
GOI
5
MINERALS & METALS TRADING CORP.LTD.
2001-02
SPECIAL DIVIDEND
60.00
0.00
GOI
6
STATE TRADING CORP.OF INDIA LTD.,THE
2001-02
SPECIAL DIVIDEND
40.00
0.00
GOI
7
VIDESH SANCHAR NIGAM LTD.
2001-02
DIVIDEND
1887.00
0.00
GOI
8
VIDESH SANCHAR NIGAM LTD.
2001-02
DIVIDEND TAX
363.00
0.00
GOI
TOTAL
3664.83
SOURCE
: Department of Disinvestment
Renunciation of rights issue of 6,06,585 shares against
Rs.
1,000 crore control premium.
Inclusive of 50% of discounted Minimum Guaranteed Annual Payment (MGAP) for thirty years, Security Deposit and Business Transfer Consideration.