Acquisition / mergerFiled on BSE ·
Power Finance Corporation Ltd receives RBI no objection for merger with REC Limited
Power Finance Corporation Ltd · Finance
What the filing says
- PFC received RBI's no objection certificate on October 15, 2026, for the merger scheme with REC Limited.
- The merger scheme was approved by boards of REC Limited (transferor) and PFC (transferee) subject to regulatory approvals.
- The scheme is subject to further statutory approvals and shareholder and creditor consent as per the Companies Act, 2013.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.