Saturday, February 23, 2013

REC Tax Free Bonds, Tranche 2 - Public Issue - Opens on 25th Feb 2013

Rural Electrification Corporation Limited

REC is a Navratna Central Public Sector Enterprise under Ministry of Power. It is incorporated under the Companies Act, 1956, is listed and has a net worth of Rs. 14,745 Crore as on 31.03.12. Its main objective is to finance and promote rural electrification projects all over the country. It provides financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects as are sponsored by them. The  company disbursed Rs. 30,593 Crores and had a total income of Rs. 10,457 Crores in FY 2012. The company had a PAT of Rs. 2,817 Crores in FY 2012.


You may 

download the product note from here

download the term sheet from here

download the documentation checklist from here

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4.5 out of 5 stars Reviewer:adminFebruary 05, 2021