The Centre on Tuesday issued a notification to extend the deadline for submitting the expression of interest for the 100% stake sale of national carrier Air India by two months to October 30.
According to the notification issued by the department of investment and public asset management (DIPAM), the extension has been provided following requests from interested bidders due to the prevailing situation of the Covid-19 pandemic.
“The changes are as per the requests received from the Interested Bidders in view of the prevailing situation arising out of Covid-19. Further changes with respect to the Important Dates, if any, will be communicated to the Interested Bidders subsequently (Reference Clause 1.2 of the PIM),” the notification said.
