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POWER FINANCE CORPORATION LTD. - 532810 - 1. Cessation Of Shri Ravinder Singh Dhillon As Chairman & Managing Director Of Power Finance Corporation Limited 2. Assumption Of Additional Charge Of Chairman And Managing Director, PFC By Smt. Parminder Chopra, Director (Finance), PFC

 Pursuant to Regulation 30 of SEBI (LODR), we hereby report the following: 1. Cessation of Sh. Ravinder Singh Dhillon as Chairman & Managing Director on the Board of PFC: Reason for change: Pursuant to Ministry of Power, GoI, vide Order No. 24- 8/1/2019-PFC(MoP) dt 07.04.2020, PFC in its meeting held on 29.05.2020 had appointed Shri Ravinder Singh Dhillon, as Chairman and Managing Director, PFC with effect from the date of assumption of charge of the post on or after 01.06.2020 till the date of his superannuation i.e. 31.05.2023 or until further orders, whichever is earlier. On completion of the said tenure on 31.05.2023 (A/N), Shri Ravinder Singh Dhillon ceases to be the Chairman and Managing Director of PFC w.e.f. 01.06.2023. 2. Pursuant to Ministry of Power, GoI, vide Order No.24-8/1/2022-PFC(MoP) dated 31.05.2023, Smt. Parminder Chopra, Director (Finance), PFC has assumed the additional charge of Chairman and Managing Director, PFC w.e.f. 01.06.2023.
01-06-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Compliances-Reg.24(A)-Annual Secretarial Compliance

 Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI circular No. ClR/CFD/CMD1/27/2019 dt. February 8, 2019, the Annual Secretarial Compliance Report for the year ended 31st March, 2023 is attached at Annexure I. This is submitted for your information and record.
30-05-2023

Power Finance Corporation Results Earnings Call for Q4FY23

 Conference Call with Power Finance Corporation Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
29-05-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Newspaper Publication-Financial Results

 Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith a copy of the Newspaper Publication made for submission of Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended March 31, 2023. This is for information and record, please.
29-05-2023

PFC Q4 net profit rises over 42% to Rs 6,129 crore

 In a separate statement, the company said "PFC Group clocked the highest PAT (profit after tax) with a 13% increase from 18,768 crore in FY22 to 21,179 crore in FY23."
29-05-2023

Power Finance Corp Q4 profit rises 44% to Rs 6,128 cr on higher revenues

 State-owned Power Finance Corporation (PFC) on Saturday posted an over 44 per cent jump in its consolidated net profit to Rs 6,128.63 crore in March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 4,295.90 crore in the quarter ended on March 31, 2022, according to a BSE filing. Total income in the quarter rose to Rs 20,074.11 crore from Rs 18,873.55 crore in the same period a year ago. The consolidated net profit of the company in fiscal 2022-23 also increased to Rs 21,178.59 crore from Rs 18,768.21 crore in the previous financial year. In the fiscal, total income grew to Rs 77,625.19 crore as against Rs 76,344.92 crore in 2021-22. The company's board has recommended a final dividend Rs 4.50 per equity share on the face value of the paid-up equity shares of Rs 10 per share for FY 2022-23.
27-05-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Disclosure Of Related Party Transactions For The Half Year Ended 31St March, 2023 In Terms Of Regulation 23(9) In Terms Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Disclosure of related party transactions for the half year ended 31st March, 2023 in terms of Regulation 23(9) in terms of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015
27-05-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Record Date For Final Dividend

 the Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. on May 27, 2023 have inter-alia considered and approved the following: Recommended final dividend @ ? 4.50/- (Four Rupees & Paisa Fifty only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of ?10/- per share for the FY 2022-23 subject to approval of shareholders. Further, the record date for the said final dividend, if declared at the AGM is 16th June, 2023.
27-05-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Board Meeting Outcome for Outcome Of Board Meeting

 In continuation of our earlier letter dated 19.05.2023, we would like to inform you that, the Board of Directors of PFC in its meeting held today i.e. on May 27, 2023 have inter-alia considered and approved the following: (i) Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2023. (ii) Recommended final dividend @ ? 4.50/- (Four Rupees & Paisa Fifty only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of ?10/- per share for the FY 2022-23 subject to approval of shareholders in the ensuing AGM. This is in addition to the interim dividends of ? 8.75 /- per equity share (subject to deduction of TDS) for the FY 2022-23 already declared and paid during the year in three tranches. The final dividend, if declared, will be paid within the statutory period of 30 days from the date of approval at AGM. Further, the record date for the said final dividend, if declared at the AGM is 16th June, 2023.
27-05-2023
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POWER FINANCE CORPORATION LTD. - 532810 - Outcome Of Board Meeting -Financial Results For Quarter And Year Ended 31.03.2023

 In continuation of our earlier letter dt 19.05.2023, the Board of Directors of PFC in its meeting held today i.e. on May 27, 2023 have inter-alia considered and approved the following: (i) Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2023. (ii) Recommended final dividend @ ? 4.50/- (Four Rupees & Paisa Fifty only) per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of ?10/- per share for the FY 2022-23 subject to approval of shareholders in the ensuing Annual General Meeting. This is in addition to the interim dividends of ? 8.75 /- per equity share (subject to deduction of TDS) for the FY 2022-23 already declared and paid during the year in three tranches. The final dividend, if declared, will be paid within the statutory period of 30 days from the date of approval at AGM. Further, the record date for the said final dividend, if declared at the AGM is 16th June, 2023.
27-05-2023
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