Power Finance Corporation Limited (PFC) — Announcement Announcement

· NSE Neutral
📢 Key Event
PFC strikes off three subsidiaries after regulatory approval
💡 Investor Takeaway
Shareholders should note these closures are immaterial to PFC's core financial performance and do not affect ongoing operations.

Power Finance Corporation announced the strike-off and dissolution of three wholly owned subsidiaries—Deoghar Infra Limited, Deoghar Mega Power Limited, and Jharkhand (Infrapower Limited)—effective June 1, 2026, following regulatory approval and closure procedures initiated after the Ministry of Power's November 27, 2025 clearance. The subsidiaries were deemed non-material SPVs incorporated under the Companies Act, 1956, and their removal reflects routine corporate restructuring without material impact on PFC's operations or financial position.

📄 View Original Announcement (PDF)

About Power Finance Corporation Limited (PFC)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,47,102.04 Cr P/E: 5.0

View full PFC stock details →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.