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Retailopædia

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The Encyclopædia of Indian Retail — revised every hour



M&A / Corporate Actions confidence 28/100

REC-PFC Merger Clears Initial Hurdle But Faces Multiple Approval Gates

In-principle approval granted, yet shareholder, creditor, and regulatory sign-offs all remain outstanding — execution risk is material and timeline uncertain.

bt-corporate · 6/29/2026, 7:19:13 AM · Ask about this →