PFCNSEPower Finance Corporation Limited· Financial InstitutionMediumNeutral
Announced Wed, 13 May · 19:06 IST

Power Finance Corporation Limited has informed the Exchange regarding 'Intimation of Board Meeting Pursuant to Regulation 29 of SEBI LODR'.

Strategic Transactions View source PDF

PFC · price

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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹445.80
prior close
₹449.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.0+0.2-1.0+0.1-3.6-3.5-3.1-3.4-1.2-3.2-4.7-8.2
Up moveDown movePending
AI summary

Power Finance Corporation Limited has informed the exchanges that a Board meeting is scheduled for May 16, 2026 to further discuss the merger of PFC and REC. The company had previously intimated about this merger in March 2026. The trading window for trading in equity shares and listed debt securities (Tax Free Bonds) has been closed since April 1, 2026, and will continue to remain closed till further orders. All designated persons and their immediate relatives have been advised not to deal in PFC's securities during this period.

Likely market impact

The continuation of the trading window closure indicates that the PFC-REC merger discussions are ongoing and potentially progressing, which could be a significant development for shareholders of both entities.