Power Grid Corporation Of India s Board Approves Follow On Public Offer (02-Jul-2010)
The board of Power Grid Corporation of India in its meeting on 02 July 2010 has approved the follow on public offer (FPO) of 20% of existing paid up share capital comprising fresh issue of 10% of existing paid up share capital and offer for sale (disinvestment) of 10% of existing paid up share capital by Government of India, subject to approval of the Cabinet Committee on Economic Affairs (CCEA).
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