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| Exchange Received Time 11/12/2018 17:14:15 Exchange Disseminated Time 11/12/2018 17:14:22 Time Taken 00:00:07 | | The Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. 11th December, 2018 took note of Department of Investment and Public Asset Management, Ministry of Finance, Government of India O.M. dated 11th December, 2018 enclosing therewith a copy of PIB release dt. 6th December, 2018, regarding the Cabinet decision on the 'In-principle' approval for the strategic sale of the Government of India's existing 52.63% of total paid-up equity shareholding in Rural Electrification Corporation (REC Ltd.) to Power Finance Corporation Limited along with transfer of management control. |
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