MUL shares for employees

The CCEA also approved the disinvestment of a 0.01 per cent stake in Maruti Udyog Limited MUL in favour of MUL employees, at a price of Rs 660 per share.

The government had offered all employees a choice to purchase upto 20 shares in MUL. Of the 3,596 employees, only 1,994 have exercised the choice. The government would realise Rs 2.6 crore from the sale of shares and its stake in MUL would now stand reduced to 10.27 per cent.