The boards of two giant public sector companies REC Limited and Power Finance Corporation (PFC) on Sunday, June 28, 2026, gave the green signal to a historic merger scheme. Both the companies said in the information given to the stock exchanges that this merger will be done under Sections 230 to 232 and other applicable [...] The post REC-PFC merger: 88 shares will be available for 100 shares, know when and how the whole picture will change first appeared on informalnewz .