PFC to acquire 52.63% govt shares in REC for Rs 14,500 cr by March-end

PFC to acquire 52.63% govt shares in REC for Rs 14,500 cr by March-end As per the proposal PFC will acquire about 104 crore shares or 52.63 per cent of the government stake in the REC at Rs 139.50 per share, the PFC said in a regulatory filing.

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