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| Exchange Received Time 15/10/2019 16:19:04 Exchange Disseminated Time 15/10/2019 16:19:11 Time Taken 00:00:07 | In compliance with the provisions of SEBI (LODR) Regulations, 2015, it is informed that the entire shareholding of REC Transmission Projects Company Limited (RECTPCL), a wholly owned subsidiary of REC Limited in WRSS XXI (A) Transco Limited, comprising of 50,000 equity shares, have been transferred along with all its assets and liabilities on October 14, 2019, to Adani Transmission Limited, the successful bidder selected through Tariff Based Competitive Bidding Process for 'WRSS-21 Part-A - Transmission System Strengthening for relieving over loadings observed in Gujarat Intra-State System due to RE injections in Bhuj PS'.
Hence, with effect from the aforesaid date, the above Project Specific SPV is not subsidiary of RECTPCL & REC. |
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