Strategic Sale to Private Entity(as on 24 November 2017) 

Initial Sale of Complete Shareholding (with post-transaction equity of the Government becoming NIL)

SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED
(Rs. crore)
% RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 HOTEL CORP.OF INDIA LTD.
- INDO HOKKE HOTELS LTD.RAJGIR
2001-02 NA INPAC TRAVELS (INDIA) PVT.LTD. 100.00 6.51 0.00 AIR INDIA
2 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL HASSAN ASHOK
2001-02 NA MALNAD HOTELS& RESORTS PVT.LTD. 89.97 2.27 0.00 GOI
3 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL BODHGAYA ASHOK
2001-02 NA LOTUS NIKKO HOTELS 89.97 1.81 0.00 GOI
4 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL MADURAI ASHOK
2001-02 NA SANGU CHAKRA HOTELS PVT.LTD. 89.97 4.98 0.00 GOI
5 INDIA TOURISM DEVELOPMENT CORP.LTD.
- TEMPLE BAY ASHOK BEACH RESORT, MAMALLAPURAM
2001-02 NA G.R.THANGA MALIGAI PVT.LTD. 89.97 6.13 0.00 GOI
6 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL AGRA ASHOK
2001-02 NA MOHAN SINGH 89.97 3.61 0.00 GOI
7 INDIA TOURISM DEVELOPMENT CORP.LTD.
- LAXMI VILAS PALACE HOTEL, UDAIPUR
2001-02 NA BHARAT HOTELS LTD. 89.97 6.77 0.00 GOI
8 INDIA TOURISM DEVELOPMENT CORP.LTD.
- QUTAB HOTEL, NEW DELHI
2001-02 NA CONSORTIUM OF SUSHIL GUPTA & OTHERS 89.97 34.45 0.00 GOI
9 INDIA TOURISM DEVELOPMENT CORP.LTD.
- LODHI HOTEL, NEW DELHI
2001-02 NA SILVERLINK HOLDINGS LTD.& CONSORTIUM 89.97 71.93 0.00 GOI
10 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL AIRPORT ASHOK, KOLKATA
2002-03 NA BRIGHT ENTERPRISES PVT.LTD.& CONSORTIUM 89.97 19.39 0.00 GOI
11 INDIA TOURISM DEVELOPMENT CORP.LTD.
- KOVALAM ASHOK BEACH RESORT
2002-03 NA M FAR HOTELS LTD. 89.97 40.38 0.00 GOI
12 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL AURANGABAD ASHOK
2002-03 NA LOKSANGAM HOTELS & RESORTS PVT.LTD.& CONSORTIUM 89.97 16.50 0.00 GOI
13 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL MANALI ASHOK
2002-03 NA AUTO IMPEX LTD. 89.97 3.66 0.00 GOI
14 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL KHAJURAHO ASHOK
2002-03 NA BHARAT HOTELS LTD. 89.97 2.19 0.00 GOI
15 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL RANJIT, NEW DELHI
2002-03 NA CONSORTIUM OF UNISON HOTELS LTD.& FORMAX COMMERCIAL PVT.LTD. 89.97 29.28 0.00 GOI
16 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL KANISHKA, NEW DELHI
2002-03 NA NEHRU PLACE HOTELS LTD. 89.97 92.38 0.00 GOI
17 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL INDRAPRASTHA, NEW DELHI
2002-03 NA MORAL TRADING & INVESTMENT LTD. 89.97 43.38 0.00 GOI
18 INDIA TOURISM DEVELOPMENT CORP.LTD.
- PUNJAB HOTEL LTD.
2002-03 NA TAJGVK HOTELS & RESORTS LTD. 100.00 17.27 0.00 CHANDIGARH ADMINISTRATION AND ITDC
19 INDIA TOURISM DEVELOPMENT CORP.LTD.
- HOTEL VARANASI ASHOK
2002-03 NA CONSORTIUM OF RAMNATH HOTELS PVT.LTD. 89.97 8.38 0.00 GOI
          TOTAL 411.27  
 

Slump Sale

SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED
(Rs. crore)
% RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 HOTEL CORP.OF INDIA LTD.
- CENTAUR HOTEL JUHU BEACH, MUMBAI
2001-02 NA TULIP HOSPITALITY PVT.LTD. 100.00 153.00 0.00 AIR INDIA
2 HOTEL CORP.OF INDIA LTD.
- CENTAUR HOTEL AIRPORT, MUMBAI
2002-03 NA BATRA HOSPITALITY PVT.LTD. 100.00 83.00 0.00 AIR INDIA
          TOTAL 236.00  
 

Initial Sale of Majority Shareholding (with post-transaction equity of the Government becoming less than 50% and the Government losing management control)

SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED
(Rs. crore)
% RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 BHARAT ALUMINIUM CO.LTD.
2000-01 FEB-01 STERLITE INDUSTRIES (INDIA) LTD. 51.00 551.50 49.00 GOI
2 CMC LTD.
2001-02 NA TATA CONSULTANCY SERVICES LTD. 51.00 152.00 32.31 GOI
3 HINDUSTAN TELEPRINTERS LTD.
2001-02 NA HIMACHAL FUTURISTIC COMMUNICATION LTD. 74.00 55.00 26.00 GOI
4 HINDUSTAN ZINC LTD.
2002-03 NA STERLITE OPPORTUNITIES & VENTURES LTD. 22.07 445.00 49.93 GOI
5 INDIAN PETROCHEMICALS CORP.LTD.
2002-03 NA RELIANCE PETRO INVESTMENTS LTD. 26.00 1490.84 33.95 GOI
6 JESSOP & CO.LTD.
2003-04 NA INDO WAGON ENGINEERING LTD. 72.00 18.18 27.00 BHARAT BHARI UDYOG NIGAM LTD.
7 LAGAN JUTE MACHINERY CO.LTD.,THE
2000-01 MAY-00 MURALIDHAR RATANLAL EXPORTS LTD. 74.00 2.53 26.00 BHARAT BHARI UDYOG NIGAM LTD.
8 MODERN FOOD INDUSTRIES (INDIA) LTD.
1999-00 FEB-00 HINDUSTAN LEVER LTD. 74.00 105.45 26.00 GOI
9 PARADEEP PHOSPHATES LTD.
2001-02 NA ZUARI MAROC PHOSPHATES PVT.LTD. 74.00 151.70 26.00 GOI
10 VIDESH SANCHAR NIGAM LTD.
2001-02 FEB-02 PANATONE FINVEST LTD.(A TATA GROUP CO.) 25.00 1439.25 26.12 GOI
          TOTAL 4411.45  
 

Subsequent Sale of Minority Shareholding leading to Further Dilution (with pre-transaction and post-transaction equity of the Government being less than 50%)

SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED
(Rs. crore)
% RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 HINDUSTAN ZINC LTD. (CALL OPTION)
2003-04 NA STERLITE OPPORTUNITIES & VENTURES LTD. 18.92 323.88 29.55 GOI
          TOTAL 323.88  

Subsequent Sale of Minority Shareholding leading to Complete Privatisation (with post-transaction equity of the Government becoming NIL)

SL. NO. COMPANY
(NAME AS AT THE TIME OF DISINVESTMENT)
FINANCIAL YEAR DATE/ MONTH-YEAR NAME OF BUYER, IF ANY % STAKE DISINVESTED AMOUNT REALISED
(Rs. crore)
% RESIDUAL EQUITY WITH GOVT. DISINVESTMENT PROCEEDS RECIPIENT
1 MODERN FOOD INDUSTRIES (INDIA) LTD. (PUT OPTION)
2002-03 NA HINDUSTAN LEVER LTD. 26.00 44.07 0.00 GOI
          TOTAL 44.07  
          GRAND TOTAL 5426.67