Board Meeting23 Jun 2026, 08:10 pm
PFC Board Meeting on June 28 to Consider Merger with REC
AI Summary
Power Finance Corporation Ltd (PFC) has announced that its Board of Directors will convene on June 28, 2026. The primary agenda item is to consider and approve a scheme of merger between PFC and REC Limited. This significant corporate action, if approved, will proceed under the provisions of the Companies Act, 2013, and SEBI regulations. In anticipation of this meeting and potential price-sensitive information, the company has maintained a closed trading window for its designated persons and their relatives since April 1, 2026.
Key Highlights
- Board meeting scheduled for June 28, 2026.
- To consider and approve the merger scheme of PFC with REC Limited.
- Merger to be executed under Companies Act, 2013 and SEBI regulations.
- Trading window remains closed for designated persons until further notice.
Price Impact
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