REC Limited Board Meeting Scheduled to Approve Merger with Power Finance Corporation
A meeting of the Board of Directors of REC Limited has been scheduled to consider and approve a Scheme of Merger involving the company and Power Finance Corporation Limited, according to official company announcements.The board meeting is set for Sunday, June 28, 2026. The primary agenda item is the consideration and approval of the Scheme of Merger between REC Limited and Power Finance Corporation Limited, along with their respective shareholders and creditors.
In addition to the merger announcement, the company has provided an update regarding trading restrictions. The trading window for REC’s equity shares and other listed securities was closed starting May 14, 2026. This closure period will remain in effect until further instructions are issued by the company. During this time, all Designated Persons and their immediate relatives are advised not to engage in any dealing related to REC’s equity or listed securities.
RECLTD Stock Price Movement
Today, REC Limited saw its shares slide by 2.08%, settling at ₹361.90 in post-market trading. The stock recorded a total traded volume of 5.76 million during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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