Power Finance Corporation Limited (PFC) — Announcement
· NSE
Neutral
📢 Key Event
PFC transfers Kakinada I Transmission to Power Grid for Rs 20.51 crores
💡 Investor Takeaway
The sale removes a non-core subsidiary from PFC's portfolio without affecting promoter ownership.
Power Finance Corporation announced the transfer of its wholly owned subsidiary Kakinada I Transmission Limited to Power Grid Corporation on 29 June 2026 for Rs. 20.51 crores, completing the sale process and confirming the buyer is not a promoter entity.
About Power Finance Corporation Limited (PFC)
Financial Services · Finance · Listed on NSE
Market Cap: ₹1,47,102.04 Cr
P/E: 5.0
Recent Announcements from Power Finance Corporation Limited
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🟡 Board Meeting — 24 June 2026
Power Finance Corporation Limited announced the appointment of Shri V. Packirisamy as Director (Commercial) effective 02.06.2026 and Shri Pankaj Gupta... -
🔴 Corporate Action — 24 June 2026
Power Finance Corporation announced a record date of July 31, 2026 for its final dividend of [amount not verified]per share on face value ₹10 for FY 2... -
Announcement — 23 June 2026
Power Finance Corporation Limited announced the pricing and issuance of $300 million worth of 5.32% U.S. dollar bonds due 2031 under its $8 billion Gl... -
Announcement — 22 June 2026
Power Finance Corporation announced the appointment of Pankaj Gupta, a Chartered Accountant with 25 years of experience in taxation, audit, and corpor... -
regulation 31 — 10 June 2026
Power Finance Corporation Limited disclosed under SEBI Takeover Regulations that the Government of India, as promoter, has not created any encumbrance...
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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