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PFC signs agreement to acquire majority stake in REC Limited

PFC signs agreement to acquire majority stake in REC Limited

🕔21:22, 20.Mar 2019

New Delhi; 20.03.2019:Power Finance Corporation Ltd. (PFC) has today signed a Share Purchase Agreement to acquire 103.94 crore equity shares of INR 10/- each, of REC Limited from the President of India constituting 52.63% of the paid-up share capital of

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