REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Change in Management
REC has promoted four Senior General Managers to the position of Executive Director of the Company, effective June 28, 2026. This strengthens the senior management team one level below the Board of Directors.
Jun 29 2026 20:17:53
REC Ltd - 532955 - Press Release Dated June 28, 2026
REC's Board has approved a scheme of merger with Power Finance Corporation (PFC). This merger aims to create a combined financing entity with an aggregate loan book exceeding Rs.11 lakh crore.
Jun 28 2026 23:21:15
REC Ltd - 532955 - Board Meeting Outcome for Outcome Of Board Meeting
REC Limited's board approved the merger by absorption of REC into Power Finance Corporation (PFC), with a share exchange ratio of 88 PFC shares for every 100 REC shares. This merger aims to create a larger entity to spearhead power sector reforms, enhancing scale and financial strength. Additionally, the board proposed raising up to ₹1.4 lakh crore through private placement of bonds/debentures, pending shareholder approval.
Jun 28 2026 22:33:32
REC Ltd - 532955 - Board Meeting Intimation for Inter-Alia To Consider & Approve The Scheme Of Merger Amongst REC And Power Finance Corporation Limited And Their Respective Shareholders And Creditors.
REC's Board of Directors is scheduled to meet on June 28, 2026. The key agenda is to consider and approve a scheme of merger between REC and Power Finance Corporation Limited.
Jun 23 2026 20:39:12
REC Ltd - 532955 - Intimation Regarding Presidential Approval For The Proposed Merger Of REC Limited Into Power Finance Corporation Limited.
REC Limited has received Presidential approval for its merger into Power Finance Corporation Limited (PFC). The Ministry of Power conveyed this approval on June 10, 2026, marking a significant step in the integration process.
Jun 10 2026 19:09:15
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