TO TAKE OFF SOON:

*TFCI*

DoW had done Breaking News about disinvestment of IFCI stake in TFCI through eAuction in favour of private sector. We had estimated disinvestment to conclude by July. However, it didn't happen. Reason was that IFCI didn't had chairman

Now, as per our fully reliable source, file for selection of IFCI chairman is in PMO which can be cleared anytime soon. And new Chairman can assume office in next 1-2 weeks. Hence, now *TFCI disinvestment can definitely happen latest by September 2017*

AND IT IS ALMOST CERTAIN THAT DISINVESTMENT WILL HAPPEN AT 140+, FOLLOWED BY OPEN OFFER.

Investors can add more now