ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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SRI LANKA-Uneasy Gains

the case of IPCL and SAIL) instead of the government diluting its equity holdings directly, the PS Us could issue fresh equity shares to the public, which would have the effect of diluting the government's holdings but would augment the capital base of the units.

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