REC informed the bourses that it has sold the entire shareholding of REC Transmission Projects Company (RECTPCL), a wholly-owned subsidiary, in Rampur Sambhal Transco to Power Grid Corporation of India. RECTPCL has received ₹7.06 crore by selling 50,000 shares of Rampur Sambhal Transco along with all its assets and liabilities
REC divest entire stake in its subsidiary to Power Grid Corporation
Date posted: Monday 16 December 2019