PFC board approves REC merger, awaits government nod

17 May 2026via The Economic TimesSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

PFC board approves REC merger, awaits government nod. The move advances consolidation in India’s power financing sector. Final approval hinges on government clearance, expected in coming weeks.

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

#Merger#PFC#REC

Stocks mentioned

PFCPower Finance Corporation Limited RECLTDRural Electrification Corporation Limited

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

Trade smarter on NSE

Live option chains, FII flows, PCR, AI analysis — for NIFTY, BANKNIFTY & 200+ F&O stocks.

Start for ₹1 →