MSEDCL needs to become leaner before IPO and spin off agriculture sector by April; aims to list by the end of 2026

Maharashtra State Electricity Distribution Company plans to complete the demerger of its agriculture arm by April, a major step ahead of its planned December initial public offering, a top official said.“We are targeting an IPO by December for MSEDCL (Maharashtra State Electricity Distribution Company), and for that we will spin off our agriculture business, which […]