TAG: "PFC acquires stake in REC"
News
PFC Acquires 52.63 Percent Government Stake in REC
Power Finance Corporation has acquired 52.63 percent of the Government’s stake in REC, making it a subsidiary, and has granted in-principle approval for a merger in line with the Union Budget 2026–27 restructuring plan.
PFC Acquires Stake In REC | February 07, 2026 | By Mrinmoy Dey | 3685
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