Board Meeting17 Jul 2026, 03:48 pm
PFC Board Meeting on July 23 to Consider Shareholder Approval for Borrowing Limit Enhancement
AI Summary
Power Finance Corporation Ltd. has announced that its Board of Directors will convene on July 23, 2026. The primary agenda item is to consider and approve a proposal seeking shareholder consent for enhancing the company's borrowing limit. This enhancement will cover borrowing from both domestic and international markets, as per Section 180(1)(a) and 180(1)(c) of the Companies Act, 2013. The company is submitting this information for regulatory record.
Key Highlights
- Board meeting scheduled for July 23, 2026.
- Proposal to enhance borrowing limits to be considered.
- Shareholder approval will be sought for the borrowing limit increase.
- Covers domestic and international borrowing facilities.
- Action aligns with Companies Act 2013 provisions.
Price Impact
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