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PFC · Power Finance Corporation Limited · NSE · Filed 15 Oct · 1 min
RBI issues no-objection for REC–PFC merger, subject to conditions
PFC told the exchanges the Reserve Bank of India granted a no-objection certificate on 15 October 2026 for the merger of REC into PFC, subject to conditions.
PFC · Power Finance Corporation Limited · NSE · Filed 28 Jun · 2 min
PFC Board Approves Merger by Absorption of REC into Power Finance Corporation
PFC's board approved a scheme to absorb REC Limited into PFC, with REC shareholders to receive 88 PFC shares for every 100 REC shares held.