Question

In whose name are the shares of a government company are purchased ?

Answer 1

Shares are purchased by Government Companies, in the name of the President of India or the Governor of a State.

Shares of Government Companies cannot be held in any other names. All executive actions of the Government of India or the Government of a State has to be taken by the President or the Governor of the State, who are not corporate entities.

Answer 2

The President of India owns the share of all the government company. According to the study conducted The President of India own more than 60,00,000 crore worth share and it get changed by each sitting president of India. There are more than 50 govt companies owned by the President of India..