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Updates

| Updated on March 13, 2018 Published on April 11, 2017

This has reference to your Letter dated April 11, 2017 seeking clarification on a news item captioned REC spurts on buzz of diversification appearing on www.business-standard.com. The information published by Business Standard is based on their own interpretation and is not based on any information provided by REC or its authorized functionaries. We would like to inform that the Company is already engaged in the financing of above-mentioned activities and has policy of funding power equipment manufacturing, coal block development, energy efficiency projects and power plants renovation schemes. Accordingly, we would like to confirm that there is no price-sensitive information available with the Company, which has not been announced on the Stock Exchanges and which could possibly explain the spurt in the market price of REC shares.

Pdf Link: Updates

Source : BSE - www.bseindia.com

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Published on April 11, 2017
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