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PFC-REC merger approved by government

The Economic TimesRead the original29 Jun 2026

PFC-REC merger approved by government. Shareholders of PFC will receive 13 shares for every 10 REC shares held. The merger is expected to be effective by Q4 FY25, creating a ₹3.5 lakh crore power sector giant.

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

#merger#PFC#REC
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