Rural Electrification Corporation (REC) FPO opens from February 19, 2010 - Indian IPO Blog

Saturday, February 13, 2010

Rural Electrification Corporation (REC) FPO opens from February 19, 2010

Rural Electrification Corporation Ltd., one of the leading public financial institutions in Indian power infrastructure engaged  in the financing and promotion of transmission, distribution and generation projects throughout India, is coming up with a FPO of 171,732,000 Equity Shares, each having a Face Value of Rs. 10 each

The Equity Shares of Rural Electrification Corporation Ltd. (REC) are already listed. REC intends to utilize the funds being raised through the issue to augment capital base to meet future capital requirements

REC FPO would remain open for subscription between Friday, February 19, 2010 and Tuesday, February 23, 2010. Check back Indian IPO Blog for latest updates on REC FPO!

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