REC gets shareholders nod to raise borrowing limit to Rs 4.5 lakh crore
Updated : September 26, 2020 09:00 PM IST
REC on Saturday said it shareholders have approved a proposal to raise the overall borrowing limit to Rs 4.5 lakh crore
The company's 51st annual general meeting (AGM) held on September 25.
The net amount of borrowings of the company as on March 31, 2020, was Rs 2,80,116 crore