
Board Meeting23 Jun 2026, 08:40 pm
REC Ltd Board Meeting Scheduled for June 28, 2026 for Merger Approval
AI Summary
REC Ltd has announced that its Board of Directors will convene on June 28, 2026. The primary agenda item for this meeting is to consider and approve a Scheme of Merger between REC Ltd and Power Finance Corporation Limited. This significant corporate action will proceed under the provisions of the Companies Act, 2013, and relevant SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Concurrently, the company has maintained a closure of the trading window for its equity shares and other listed securities since May 14, 2026, advising designated persons and their immediate relatives against trading during this period, which will continue until further notice.
Key Highlights
- Board meeting scheduled for June 28, 2026.
- Agenda includes considering and approving a merger scheme.
- Merger is between REC Ltd and Power Finance Corporation Limited.
- Trading window remains closed for designated persons.
Price Impact
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