PFC board approves merger with REC at 88:100 swap ratio

29 Jun 2026via The New Indian ExpressSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

PFC board approves merger with REC at 88:100 swap ratio. Shareholders of REC will get 88 shares of PFC for every 100 shares held. The merged entity will have a loan book exceeding ₹11 lakh crore, creating one of India’s largest power sector financiers. The move aims to strengthen credit profile and operational synergies.

📊 STOCKS: PFC, RECLTD | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #Merger

#Merger#PFC#REC#Deals

Stocks mentioned

PFCPFC RECLTDRECLTD

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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