REC stake sale Wednesday; govt sets floor price at Rs 315/share
Government will sell 5 percent stake in Rural Electrification Corporation Wednesday at Rs 315 a share to mop up over Rs 1,550 crore, marking the first disinvestment of the current fiscal.
Apr 07, 2015, 18:42 PM IST
REC floor price set at Rs 315 a share, stake sale Wednesday
The government plans to sell 5 percent of its stake in the company tomorrow to mop up close to Rs 1,600 crore.
Apr 07, 2015, 17:30 PM IST
REC shares down nearly 5% ahead of share sale
Shares of Rural Electrification Corporation Ltd Tuesday ended nearly 5 percent lower after the government announced to sell 5 percent of its stake tomorrow in the company to mop up close to Rs 1,600 crore.
Apr 07, 2015, 17:00 PM IST
