The Board of PSU BSNL in a meeting held on Friday has decided to offload 5% to the public through IPO and another 5% to private investors, reports the Telegraph.

The panel headed by Sam Pitroda had recommended BSNL to offload as much as 30% stake.

But with its employee Unions strongly opposing any move of disinvestment of the PSU, it would have been difficult for BSNL to practically go such a kind of disinvestment.