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Power Finance Corporation board to consider bonus issue

08 Jul 2016 Evaluate

Power Finance Corporation has informed that In terms of Guidelines on Capital Restructuring of Central Public Sector Enterprises (CPSE) issued by Department of Investment & Public Asset Management (DIAPM), Ministry of Finance dated May 27, 2016, the Board of Directors of the Company in its meeting scheduled to be held on July 14, 2016 shall consider recommendation of ‘Issue of Bonus Shares’. Further, as per Company’s code of Conduct for Prohibition of Insider Trading framed pursuant to the SEBI (Prohibition of Insider trading) Regulations, 2015, the trading window for dealing in the securities of the Company is closed for all connected person and their relative members from July 07, 2016 to July 16, 2016.

The above information is a part of company’s filings submitted to BSE.