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RCF issue Subscribed over 1.3 Times; Government to Receive about RS.310 Crore from Sale Proceeds
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....CF issue Subscribed over 1.3 Times; Government to Receive about RS.310 Crore from Sale Proceeds <br>News and Press Release<br>Dated:- 8-3-2013<br><BR>Rashtriya Chemicals & Fertilizers Ltd (RCF) issue ....
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....has been subscribed over 1.3 times. The Government will receive approximately Rs. 310 crores from the sale proceeds. The Issue was subscribed by all categories of Investors including retail investors.....
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.... The divestment was carried out to make the Company compliant to the mandatory public shareholding requirements under the SCRR regulations. Earlier, the Government had approved divestment of 12.5% o....
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....f paid-up equity of the Rashtriya Chemicls & Fertilizers Ltd (RCF) out of the Government of India's shareholding of 92.5 per cent vide OFS route through Stock Exchange Mechanism. DSM/RS/ka (Release ....
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....ID :93323)<BR> News - Press release - PIB....