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REC LTD - Incorporation Of Five Project Spvs, As Wholly Owned Subsidiary Companies Of RECTPCL For Transmission Projects Allocated By Ministry Of Power, Government Of India.

| Updated on February 08, 2019 Published on February 08, 2019

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of REC Limited in its 454th meeting held on February 8, 2019, inter-alia approved the proposal for incorporation of five project specific Special Purpose Vehicles (SPVs), as wholly owned subsidiary Companies of REC Transmission Projects Company Limited for construction of projects as per letter attached.

The companies to be incorporated will also be a subsidiary companies of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013.

Pdf Link: REC LTD - Incorporation Of Five Project Spvs, As Wholly Owned Subsidiary Companies Of RECTPCL For Transmission Projects Allocated By Ministry Of Power, Government Of India.

Source : BSE - www.bseindia.com

Published on February 08, 2019
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