SPECIAL INTEREST

■ ONGC holds 26% equity in Mangalore SEZ

■ Deal is likely to be concluded at “fair value” after ONGC’S attempt to buy IL&FS stake at a deep discount failed

■ Two independent valuers would arrive at the “fair value” through a discounted cash flow method

■ Mangalore SEZ reported a net loss of ~32 crore in FY21