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PFC stake sale News

07 Dec 2018

Cabinet approves sale of govt's 52.63% stake in REC to PFC

Both REC and PFC are Central Public Sector Enterprises (CPSEs) under the Ministry of Power.

28 Jul 2015

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.

27 Jul 2015

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.

25 Jul 2015

PFC stake sale floor price at Rs 254; disinvestment on Monday

Government is expected to mobilise around Rs 1,676 crore through the divestment.

Power Finance Corporation

24 Jul 2015

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.

24 Sep 2014

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.

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