In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform that Department of Investment & Public Asset Management, Ministry of Finance, Government of India vide its letter dated December 11, 2018 has forwarded a copy of PIB Release regarding the Cabinet decision on the in principle approval for strategic sale of the Government of Indias existing holding in REC Limited to Power Finance Corporation Limited.
A copy of the aforesaid letter along with PIB Release is enclosed herewith for your ready reference.
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