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| Exchange Disseminated Time | PTC India Financial Services Ltd (PFS) has informed BSE regarding a Press Release titled "PFS sanctions Rs. 500 Crores".
Press Release:
"PTC India Finapcial Services (PFS), a subsidiary of PTC India Ltd (PTC) has sanctioned debt aggregating Rs. 500 Crore in its Board Meeting held on May 25, 2011, to 3 power companies. The projects includes one hydro project promoted by an Indian company in Nepal, one thermal project with captive coal mines, and another company engaged in executing the EPC contracts for power transmission lines The loan sanctioned to the above mentioned generation projects will help additional capacity generation of 720 MW. With this, the effective debt sanction of PFS as on May 31, 2011 aggregates mote than Rs. 3500 Crore." (For more details kindly refer Corporate Announcements on www.bseindia.com). the Register of Members & Share Transfer Books of the Company will remain closed from to (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on |
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