Maharatna Company Status: January 2020
The Maharatna status is a designation awarded by the Indian government to the largest public sector undertakings (PSUs). It signifies significant operational and financial autonomy. As of January 2020, only a select few companies held this status.
Maharatna Companies List (Jan 2020)
Companies like GAIL, BHEL, and IOCL were recognized as Maharatna companies in January 2020. Other Maharatna companies included ONGC, SAIL, NTPC, Coal India, and PGCIL.
Identifying the Non-Maharatna Company
Hindustan Newsprint Limited (HNL) was a public sector entity but had not achieved the Maharatna status by January 2020. It did not meet the stringent financial and operational criteria required for this classification.
Therefore, Hindustan Newsprint Limited (HNL) was not a Maharatna company.
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