Power Finance (PFC) — Board Meeting

Power Finance Corporation announced that the Ministry of Power conveyed the Hon'ble President of India's approval for the merger of REC Limited into PFC, following the Board's May 16, 2026 resolution to pursue the merger. This regulatory clearance completes a key step in the integration process, positioning PFC to expand its generation capacity and market share through REC's assets.

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About Power Finance Corporation Limited (PFC)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,47,102.04 Cr P/E: 5.0

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

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