REC board to meet for PFC merger approval on June 28
after close1 source ↓written by the desknot a recommendation
- to approve
- 28 June 2026
- received
- 10 June 2026
- over the past
- 22%
- REC
- 2%
REC's board will convene on 28 June 2026 to approve the merger with Power Finance Corporation (PFC). This follows presidential approval received on 10 June 2026. PFC shares have risen 22% over the past six months, while REC is up 2%. Investors are keenly watching this consolidation's impact on the market.
Not investment advice. For informational purposes only.