REC shares rise 2% amid Rs 1.55 lakh cr fundraise plans, SPV strike off

June 5, 2025

REC Share Price: The REC board has approved a Rs 1.55 lakh crore fundraising plan through bonds and proposed the strike-off of Rajgarh III Power Transmission Ltd, a project-specific SPV. The decision to dissolve the SPV comes after the government de-notified the associated project.

More To Explore

Sebi proposes to relax limits for approval, disclosure of related-party transactions

India’s markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the

August 4, 2025

Godfrey Phillips Q1 Results: Net profit jumps 56% to Rs 356 crore, to issue 2:1 bonus shares

Cigarette maker Godfrey Phillips India Ltd on Monday reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first

August 4, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003