US EditionREC To Raise Up To Rs 1.55 Lakh Crore Via NCDs, Strike Off Rajgarh III Project SPV
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REC To Raise Up To Rs 1.55 Lakh Crore Via NCDs, Strike Off Rajgarh III Project SPV
REC Ltd. has announced plans to raise up to Rs 1.55 lakh crore through private placement of unsecured or secured non-convertible debentures over the next year, pending shareholder approval at the upcoming annual general meeting. The funds will be mobilised in one or more tranches, with final clearances resting with the Competent Authority, according to the exchange filing on Wednesday.Additionally, the company has decided to strike off its proje…
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