Wednesday, October 14, 2009

REC board meet on October 16 to mull follow on public offer

A meeting of the board of directors of Rural Electrification Corporation (REC) will be held on October 16, 2009, inter alia, to consider the proposal for issue of fresh Equity Shares through Follow on Public Offer (FPO), pending receipt of approval of the Government of India, and to seek approval of shareholders for the same by convening Extra Ordinary General Meeting (EGM), as per BSE announcement.

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