Key Details
- Board Meeting Date: Sunday, June 28, 2026
- Primary Agenda: Consider and approve scheme of merger between Power Finance Corporation Limited and REC Limited involving their respective shareholders and creditors
- Legal Framework: Pursuant to Sections 230 to 232 and other applicable provisions of Companies Act, 2013, along with relevant Listing Regulations and applicable laws, circulars, regulations and guidelines
Trading Window Status
- Trading window for Equity Shares and Listed Debt Securities (including Tax Free Bonds) of Power Finance Corporation Limited has been closed since April 1, 2026
- Closure period continues "until further orders" as previously intimated through letters dated March 25, 2026, May 5, 2026, and May 13, 2026
- Closure implemented under company's "Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in the Securities of Power Finance Corporation Limited"
Restrictions Imposed
All designated persons and their immediate relatives have been advised not to deal (buy, sell, or pledge) in PFC's Equity Shares/Securities during the trading window closure period