Section 4:
Manner of disinvestment.
The Central Government may, in its order made under section 2,
specify that disinvestment of shares shall be effected by one or more of the following methods as may be
specified in such order, namely:--
(a) by making a public offer or preferential allotment or private placement in accordance with
such procedure as applicable in case of any other Government company;
(b) by directing the company to make further issue of equity capital to the members of the public
or preferential allotment or private placement, as the case may be, in accordance with such procedure
as applicable in case of the Government company.