Approval of Merger scheme by Board of Directors of PFC and REC
Jun 29th, 2026 | By ThenewsmanofIndia.com
The Board of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) approved the Scheme of Merger (Scheme) for merger of REC (Transferor Company) into PFC (Transferee Company) and their respective shareholders and creditors, under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The merger of REC into
[continue reading…]



























