REC has informed that at present, Karvy Computershare is acting as R&TA in respect of Equity Shares, Tax Free bonds, 54EC and Institutional Bonds of REC (Formerly Rural Electrification Corporation ). Further, Karvy has informed REC that pursuant to the Order of Hyderabad Bench of NCLT, the operations of KCPL have been transferred to Karvy Fintech with effect from 17.11.2018. Pursuant to NCLT Order, all the existing agreements to which KCPL is a party, including the agreements entered into with REC, shall be in full force and vest with KFPL.
The above information is a part of company’s filings submitted to BSE.
