In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, REC has informed that Department of Investment & Public Asset Management, Ministry of Finance, Government of India vide its letter dated December 11, 2018 has forwarded a copy of PIB Release regarding the Cabinet decision on the in principle approval for strategic sale of the Government of India’s existing holding in the company to Power Finance Corporation. A copy of the aforesaid letter along with PIB Release is enclosed herewith for ready reference.
The above information is a part of company’s filings submitted to BSE.
