At meeting held on 10 July 2019
The Board of REC at its meeting held on 10 July 2019 has approved the proposal of raising of funds through issue of unsecured/secured non-convertible bonds/debentures through Private Placement, upto an amount of Rs 75,000 crore, in one or more tranches, subject to approval of shareholders in this regard in the 50th AGM scheduled to be held on August 29, 2019. The funds will actually be raised, from time to time, during a period of one year from the date of passing of resolution by the shareholders in the 50th Annual General Meeting, with the approval of competent authority as per powers delegated in this regard, by the Board of Directors in the said Meeting.Powered by Capital Market - Live News
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