With reference to e-mail dated December 10, 2018 seeking clarification on a news item captioned ‘PFC not to make open offer to RECs minority shareholders after acquisition’ appearing on the website of Business Standard. In this regard, REC has informed that the company has come to know about the said information from the media only and the company is not privy to any other information in this regard. However, in case any official communication is received in this regard, the company will make requisite disclosures to the Stock Exchanges within the prescribed time. Further, it is pertinent to mention that the company always endeavors to adhere to strict compliance of Regulation 30 of SEBI (LODR) Regulations, 2015 without any failure/delay/deviation and promptly discloses any price-sensitive information on the Stock Exchanges.
The above information is a part of company’s filings submitted to BSE.
