BSECompany Update22 Jun 2026 · 22 Jun 2026, 06:46 pm
INTIMATION
Power Finance Corporation Ltd · 532810
✦ AI Summary▲ PositiveDivestiture
Power Finance Corporation Ltd (PFC) has announced the strike-off and dissolution of its wholly-owned subsidiary, Bihar Infrapower Limited, by the Registrar of Companies. This subsidiary was established in 2015 as a Special Purpose Vehicle to manage licenses for the Bihar Ultra Mega Power Project, which was subsequently shelved. The Ministry of Power provided approval for its closure in 2025, leading to the completion of the necessary regulatory filings.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment6/10
Full Announcement
Power Finance Corporation Ltd - 532810 - Strike Off And Dissolution Of Bihar Infrapower Limited, A Wholly Owned Subsidiary Of Power Finance Corporation Limited