Power Finance Corporation today said its board will meet next week to consider issue of bonus shares as per the government's guidelines on capital restructuring of CPSEs.
The 'Guidelines on Capital Restructuring of Central Public Sector Enterprises', issued by Department of Investment & Public Asset Management (DIAPM), PFC said in a BSE filing.
It added: "The board of directors of Power Finance Corporation Ltd in its meeting scheduled to be held on 10th August, 2017 shall inter alia deliberate on 'Issue of Bonus Shares'."
PFC promotes efficient investments in the power and allied sectors in India and abroad.
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