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| Exchange Received Time 24/07/2018 15:10:19 Exchange Disseminated Time 24/07/2018 15:10:28 Time Taken 00:00:09 | | In continuation of our earlier letter dated 19.07.2018, we would like to inform you that, the Board of Directors of Power Finance Corporation Ltd. (PFC) in its meeting held today i.e. on July 24, 2018 have inter-alia approved the proposal for seeking approval of shareholders in the ensuing AGM, under section 42 of Companies Act 2013, read with rule 14(2) of Companies (Prospectus and Allotment of Securities), Rule 2014 for raising of resources to the extent of ?65000 crore by way of private placement through issuance of bonds/ debentures/ notes/ debt securities from domestic & international markets, during a period of one year from the date of ensuing AGM. |
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