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President approves merger of REC with Power Finance Corporation

The President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in REC in 2019. The Ministry of Power conveyed the approval. The merger will see REC's assets and liabilities transferred to PFC. REC will be dissolved post-merger.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo2 g fa

President approves merger of REC with Power Finance Corporation

The President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in REC in 2019. The Ministry of Power conveyed the approval. The merger will see…

originale
thehindubusinessline.com1 g fa

Buzzing stocks: REC/PFC, Ultratech Cements, AVG Logistics, Dhruv Consultancy, PowerGrid, Neetu Yoshi, Vascon…

REC-PFC merger gets presidential nod while UltraTech, 3i Infotech and others announce key deals worth hundreds of crores

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Timeline cronologica

  1. mercoledì 10 giugno 2026·economictimes.indiatimes.com

    President approves merger of REC with Power Finance Corporation

    The President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in REC in 2019. The Ministry of Power…

  2. giovedì 11 giugno 2026·thehindubusinessline.com

    Buzzing stocks: REC/PFC, Ultratech Cements, AVG Logistics, Dhruv Consultancy, PowerGrid, Neetu Yoshi, Vascon Engineers, 3i Infotech

    REC-PFC merger gets presidential nod while UltraTech, 3i Infotech and others announce key deals worth hundreds of crores

originale