PFC-REC merger approved! Here's what will happen to your existing shares after mega merger

PFC-REC merger approved! Here's what will happen to your existing shares after mega merger

PFC and REC boards approved their merger with an 88:100 share-swap ratio, creating India's largest power-sector financing entity with a combined Rs 11 lakh crore loan book. For IT decision-makers tracking infrastructure consolidation trends, the deal signals India's energy prioritization, though regulatory approvals and execution risk remain material headwinds.