REC Ltd

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REC’s proposed borrowings will be raised for different maturities, through different instruments, depending upon the actual fund requirements, asset-liability position and prevailing market conditions

This issue came to light when Oil India wanted to know whether a Navratna CPSE can approve projects of NRL

Gets more autonomy as a result

Domestic companies have already raised around ₹40,000 crores through private placements of bonds

Shareholders to get one new equity share of Rs 10 each for every three equity shares held by them

Consolidated total income was almost flat on an annual basis at ₹9,506 crore

Power Ministry advices Gencos to import coal for blending purpose

Annual revenue grows 19 per cent to ₹35,575 crore.

Board recommends interim dividend of ₹ 6 per equity share of ₹ 10