PFC-REC Merger: 88:100 Share Swap Approved, REC Holders Face 12% Count Discount

PFC acquires REC via share swap at 88 PFC shares per 100 REC shares, triggering dilution and EPS recalculation for PFC; REC holders exposed to post-swap PFC price risk pending NCLT/SEBI clearances.

ndtv-profit-business · 6/29/2026, 3:46:31 AM · Ask about this →