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Power Finance's Rs 4,700 cr FPO opens on May 10

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  • Published On: May 09, 2011
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Continuing with its divestment spree, the state-run Power Finance Corp Ltd (PFC), a Navratna financial institution, will raise around Rs 4,700 crore through a follow on-public offer (FPO) which hits the markets on May 10. The government has fixed the price band at Rs.193-203 per equity share for the PFC issue.
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