REC LTD - Outcome of Board Meeting

| Updated on: Jul 10, 2019

In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of REC Limited in its 460th meeting held on July 10, 2019, inter-alia 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.

Pdf Link: REC LTD - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on July 10, 2019

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