CPSE ETF REBANANCING: RECL EXITING INDEX | EXPECTED OUTFLOW $108M | EFFECTIVE 15TH JULY * CPSE index getting rebalanced before expected launch of next tranche of FFO. * RECL will be moved out of index effective 15th July. Flows expected on close of Friday, 12th July. * RECL will see sell flow of around $108mn (7.47x ADV) on account of this rebalance. * It s weight will get distributed among other CPSE basket stocks.