REC Limited is tapping the capital markets with a follow on public offer for 17.17 cr shares which includes an offer for sale by the principal shareholder, the government of India of 4.29 cr shares. In short the issue would raise 75% for the company and 25% for the government of India. The issue has […]
Posts Tagged ‘REC’
REC FPO: Attractive offer–Must subscribe
February 20th, 2010
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REC FPO Floor price announced as Rs 203
February 18th, 2010
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REC Ltd today announced the floor price at Rs 203 for its forthcoming follow on offer issue opening on Friday the 19th of February and closing on Tuesday the 23rd of February 2010. The floor price has been fixed at Rs 203 against the closing price of Rs 220.15 yesterday on the BSE. The floor […]
Rural Electrification Corporation FPO opens on Feb 19th
February 11th, 2010
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Rural Electrification Corporation Limited (REC) FPO opens on Friday the 19th of February and closes on Tuesday the 23rd of February 2010. The issue is for a total of 17,17,32,000 equity shares comprising of a fresh issue of 12,87,99,000 shares and an offer for sale by the government of India of 4,29,33,000 shares. There would […]
