BSEBoard Meeting23 Jun 2026 · 23 Jun 2026, 08:39 pm

REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/06/2026 ,inter alia, to consider and approve the Scheme of Merger amongst REC and Power ....

REC Ltd · 532955

✦ AI Summary▲ PositiveM&A

REC Ltd has announced that its Board of Directors will convene on June 28, 2026, to consider and potentially approve a scheme of merger with Power Finance Corporation Limited (PFC) and their respective shareholders and creditors. This move signals a significant consolidation event involving two key government-owned entities in the power financing sector. The company also informed that the trading window for its securities remains closed.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment9/10

Full Announcement

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.