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    <title>First Central Public Sector Enterprises - Disinvestment - Rural Electrification Corporation (REC) for the year 2015-16</title>
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    <description>Disinvestment via an offer for sale of 5% paid-up capital reserved 20% for retail bidders with a 5% retail discount, reducing Government shareholding to 60.64%. The issue recorded record demand: retail oversubscription of 902%, institutional oversubscription of 466%, strong aggregate oversubscription for an OFS, and foreign institutional investors accounted for 20.71% of the subscribed amount.</description>
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