PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to create India’s largest power financing institution. Analysts advise staggered investment, citing regulatory approvals, execution risks and valuation concerns despite long-term sector support.
PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to create India’s largest power financing institution. Analysts advise staggered investment, citing regulatory approvals, execution risks and valuation concerns despite long-term sector support.
<iframe src="https://hindustansphere.com/embed/cluster/fe6c6bd343828d5a839f7dc7723bc4b5568908fd" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="PFC-REC merger approved! Here's what will happen to your existing shares after mega merger"></iframe>
