Announced Mon, 22 Jun · 18:53 IST
PFC's wholly owned subsidiary Bihar Infrapower Limited struck off by MCA
Strategic Transactions View source PDF
PFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹441.00
prior close
₹443.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.6-0.5-0.9-0.7-1.7-3.6-3.4-2.5-3.7-8.0-7.1——
Up moveDown movePending
AI summary
Bihar Infrapower Limited, a wholly owned subsidiary of PFC, has been struck off by the Registrar of Companies under section 248 of the Companies Act 2013. It was an SPV incorporated in June 2015 to hold licenses and land for the Banka Ultra Mega Power Project in Bihar. The project was already closed, and the Ministry of Power approved the strike off in November 2025. PFC confirms the entity was not a material subsidiary.
Likely market impact
Defunct SPV for an already shelved power project being wound up. Negligible financial impact on PFC shareholders.