Power Finance (PFC) — Board Meeting

📢 Key Event
Board approves shareholder proposal to raise borrowing limits to Rs. 9,00,000 crore and USD 25 billion, and to mortgage all assets as security.

🔄 What Changed
Borrowing limit raised to Rs. 9,00,000 crore and USD 25 billion; asset mortgaging approved.

🔮 What's Next
Borrowing may be raised on terms the Board deems necessary and expedient.

💡 Investor Takeaway
Shareholders must approve the enhanced borrowing powers, which could increase financial flexibility but also leverage risk.

Power Finance Corporation Limited announced that its Board approved on July 23, 2026 a shareholder proposal to increase borrowing limits to Rs. 9,00,000 crore from domestic markets and USD 25 billion from foreign currencies, and to mortgage all present and future assets as security for such borrowings.

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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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