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Post-Verdict Road Map

Post-Verdict Road Map
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  • Differentiate ownership from management control; government retains 51% but allows the new investor to take critical decisions.

  • Instead of selling its 35.2% stake in BPCL, the government dilutes only 15% through a public issue.

  • Take advantage of the current bull run and go for other big-ticket PSU sales through public issues.

  • Evolve a political consensus to push through other privatisation deals not affected by the SC order.
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