The boards of both companies approved the merger scheme under Sections 230–232 and other applicable provisions of the ...
PFC and REC Ltd boards have approved a merger scheme, subject to approvals. REC will merge into PFC, with REC shareholders ...
REC shareholders will receive 88 equity shares of PFC with a face value of Rs 10 each for every 100 equity shares of REC with ...
PFC, REC merger: The amalgamation, once completed, is expected to create a significantly larger lending institution with a ...