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PFC-REC merger approved by government

29 Jun 2026via The Economic TimesSource

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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⚠️ 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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