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The Disinvestment of Power Finance Corporation(PFC)

Dated:- 28-7-2015 - The second CPSE disinvestment for the fiscal year 2015-16 was successfully completed today with the Power Finance Corporation (PFC) OFS getting fully subscribed.On offer was 5% paid up capital of the company comprising 6,60,02,035 shares, each of face value of ₹ 10. Out of the shares offered for sale, 20% were reserved for retail investors i.e. those investors who placed bids for shares of total value of not more than ₹ 2 lakh. In addition a 20% discount was also .....

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