BRIEF-REC Approves Upward Revision In Market Borrowing Programme For FY 2019-20

  • Reuters
  • Stock Market News
BRIEF-REC Approves Upward Revision In Market Borrowing Programme For FY 2019-20
Credit: © Reuters.

March 25 (Reuters) - REC Ltd RECM.NS :

* APPROVED UPWARD REVISION IN MARKET BORROWING PROGRAMME FOR FY 2019-20 FROM 900 BILLION RUPEES TO 940 BILLION RUPEES

* APPROVED RAISING OF FUNDS ON PRIVATE PLACEMENT BASIS FOR 25 BILLION RUPEES WITH GREEN SHOE OPTION TO RETAIN OVER SUBSCRIPTION

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