MSEDCL to get leaner before IPO, demerge agri biz by April; aims listing by end-2026
Published on: Feb. 19, 2026, 3:40 p.m. | Source: Daily Excelsior
MUMBAI, Feb 19: Maharashtra State Electricity Distribution Company plans to complete the demerger of its agriculture arm by April, a key step ahead of its planned initial public offering for December, a top official has said. “We are targeting an IPO by December for MSEDCL (Maharashtra State Electricity Distribution Company), and before that, we will demerge our agriculture business, which we aim to complete by April,” its Chairman and Managing Director Lokesh Chandra told PTI on the sidelines of the […]
