PFC-REC merger approved: What happens to REC shares, swap ratio and shareholders now?

The Times of India

PFC-REC merger approved: What happens to REC shares, swap ratio and shareholders now?

이 뉴스, 어떠셨어요?

한 번의 탭으로 반응을 남겨요 · 로그인 불필요

Power Finance Corporation and REC Ltd have approved their merger, creating a formidable power sector financing entity with over Rs 11 lakh crore in loans.

REC shareholders will receive 88 PFC shares for every 100 REC shares held.

This consolidation aims to bolster the balance sheet, enhance operational efficiency, and support India's energy transition and infrastructure development, pending regulatory approvals. ...

전문 보기

PFC-REC merger approved: What happens to REC shares, swap ratio and shareholders now?

이 뉴스, 어떠셨어요?

관련 뉴스

'world' 카테고리 뉴스

Ariana Grande offers glimpse into 33rd birthday celebration

Illicit cigarettes seized in Isabela have P82.33M in tax liabilities – BIR

Negros school shifts to remote learning over alleged shooting threat

The Times of India의 다른 기사

Gold price crash: Why Indian households are rushing to sell their old gold jewellery

Ireland head coach resigns hours after historic 2-0 T2OI series win over India

Safran vs Rolls-Royce: The AMCA engine race that could shape India's aerospace autonomy