Acquisition

Summary by AI BETAClose X

Power Finance Corporation Limited has announced presidential approval for the proposed merger of REC Limited into PFC, a significant development that will likely impact the company's structure and operations. This regulatory milestone clears a major hurdle for the consolidation, paving the way for the integration of the two entities.

Disclaimer*

Power Finance Corporation Limited
11 June 2026
 

Intimation Regarding Presidential

Approval For The Proposed Merger

Of REC Limited Into PFC

 

The announcement can be accessed from the below link:

https://www.bseindia.com/xml-data/corpfiling/AttachLive/a20b30e4-cabb-4391-b05f-f3883a8e5699.pdf 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100