Cabinet gives in-principal approval for sale of government's 52.63% stake in REC to PFC
Both REC and PFC are Central Public Sector Enterprises (CPSEs) under the Ministry of Power.
Dec 07, 2018, 10:19 AM IST
PFC stake sale over-subscribed; Govt nets Rs 1,600 crore
With the successful sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece, the government would get over Rs 1,600 crore.
Jul 27, 2015, 17:52 PM IST
PFC stake sale fully subscribed, government may get Rs 1,600 cr
PFC is the second PSU to be divested in the current fiscal under the government's disinvestment programme.
Jul 27, 2015, 12:19 PM IST
PFC stake sale floor price at Rs 254; disinvestment on Monday
Government is expected to mobilise around Rs 1,676 crore through the divestment.
Jul 25, 2015, 14:30 PM IST
Govt to sell 5% stake in PFC on July 27
Government will divest 5 percent of its stake in Power Finance Corporation on July 27 which may fetch around Rs 1,700 crore at current market price.
Jul 24, 2015, 22:44 PM IST
HSBC, StanChart, Edelweiss vie for managing PFC,REC stake sale
As many as 12 merchant bankers have bid for managing the stake sale of REC.
Sep 24, 2014, 15:07 PM IST
