18 Financial Management oe MU Cr Gna acu “The merchant bank mone) haros raise th Pn helped the public issue ‘The Anandnagar Electricity Board (AEB) has been of ordinayt Tr nctal institutl tpedt roe ‘porating under the ownership and contol ofthe taweot Avision ILS yale 810 con a er Anandnagar since the creation of the stato in 1961. The of dingy TC e99 gach. Tae a es rice of iene ivatisod AEB in 2010 by selling i108 er ‘ory fst lay of cee local business house that has interests in pharmaceutical, and OP 0104 @ yalue of 835. By irvtiate Snancial service and energy, AED reine to be known ex sherareeched “A101 orstion for three yours naa privat the Anandnagar Slat Company (abc) Pavaation ABCHMSUCT ny 1 below provides sooo ‘was intended to pave way to the company to improve $0 5 Performance and risa wil eae Wes fom tne manele and OPENS Te qancil data for 2010 afr Capital market. The demand forclectricty always excooded forthe period 200) oO ownership of the company. the supply, asthe state government didnot have enough thelast¥earot HOR Tony, AEC hes paid dividend in fands to spend on capital expenditure to createtherequirod As a private 40°00 O17, stated in the prospectus, power generation capacition, AEC would be now required cocordance with De POUCH Th regulates tho prices tomake sufficient investmontsto increase powergeneraion The Central BACHE 1h privatised eloctricity capacity in onder to meet ever-increasing demand for and oversees the SSF. icity in Anandnagar has Slectricity. AEC management sated Uat being « private companie Thedemane sector company, it shall maximize sharcholders’ return, At grown at the ra the time ofits privatisation, a large private sector financial institution valued the company at 4,000 million, Theissue iiita of the company’s operations icity Company: Key Financial and Operating ee & million) Discussion Questions of the company after priva ¥ er a Whatchanges fang 30 ond : if ait 9 Scanned with CamScanner