This is to inform that Shri Praveen Kumar Singh Nominee Director of Power Finance Corporation Limited vide his letters dated October 20 2020 and October 28 2020 informed that he has inadvertently purchased 2 500 equity shares of REC Limited on October 5 2020 during the trading window closure period.
In this regard the disclosure as prescribed vide SEBI Circular dated July 23 2020 is enclosed herewith . The details of transfer of funds to SEBI (Investor Protection and Education Fund) will be furnished once the shares were sold by Shri P K Singh & profit earned on the transaction transferred to Company.
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