Maharashtra Seamless Ltd has recently submitted its expression of interest (EoI) to acquire a 61 per cent stake in Balmer Lawrie.
It is learnt that the company will make an investment of about Rs 100 to 150 crore for the same.
MSL is primarily interested in the container business of Balmer Lawrie. Apart from MSL, 11 other companies have also submitted their EoI to acquire the 61 per cent stake.
The government holds 61 per cent stake in Balmer Lawrie while the rest is held by the public.
