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Container Corporation of India announces change in Government's shareholding

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Capital Market

Following transfer of loyalty bonus shares

Container Corporation of India announced that Ministry of Railways, Government of India has informed vide its letter dated 10 April 2015 that as per the decision of Cabinet Committee on Economic Affairs and Empowered Group of Ministers of Government of India 6,013 equity shares of CONCOR have been transferred to the Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF) as loyalty bonus shares to retail investors. Therefore, after this transfer now Government of India shareholding in CONCOR will stand at 12,04,82,495 equity shares constituting 61.79% of paid up equity shares of the Company.

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First Published: Apr 16 2015 | 12:06 PM IST

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