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PFC–REC Merger Moves Ahead with Structured Execution Plan

Post-merger, a single-entity exposure limit of 20% will apply

February 13, 2026

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory requirements.

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Rakesh Ranjan

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