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Divestment to widen PSU ownership, says DIPAM Secretary

By IndianMandarins- 18 Jan 2017
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divestment-to-widen-psu-ownership-says-dipam-secretary  SCOPE organized a two-day Seminar on "Emerging Paradigms in Financial Communication and Investor Relations. Inaugurating the seminar, Neeraj Kumar Gupta, IAS, Secretary, DIPAM said the objective of PSU disinvestment is to widen the ownership in PSEs. The  government will provide  handholding to PSEs to reach out to prospective investors both domestic and foreign, he added. Ved Prakash, Chairman, SCOPE while delivering the presidential address, said that over the years,  face of communication has changed drastically and is imperative in reinforcing positive stimuli for organization and hence, in fostering a strong relation with the investors and stakeholders. Dr. U.D. Choubey, DG, SCOPE  said that there has been changing concerns and perceptions in terms of financial communication and investor relations.  PSEs have great responsibility of following the corporate governance, transparency, monitoring of  strategy and its  implementation, that will improve the relations with the investors and build up a better brand image of the company.

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