Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Board Meeting Outcome for Outcome Of Board Meeting

The Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. on May 25, 2022 have inter-alia considered and approved the following: (i) Annual Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2022. (ii) Recommended final dividend @ ?1.25/- (Rupee One and paisa twenty five 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 2021-22 subject to approval of shareholders in the ensuing Annual General Meeting. This is in addition to the interim dividends of ?10.75/- per equity share (subject to deduction of TDS) for the FY 2021-22 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 Friday, June 10, 2022.
25-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Board to consider Dividend

With reference to the earlier letter dated May 10, 2022, Power Finance Corporation Ltd has now informed BSE that the Board of Directors of the Company in its meeting scheduled to be held on May 25, 2022, inter alia, will be considering a proposal relating to the declaration of dividend, if any, for the FY 2021-22.
21-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Update on board meeting

POWER FINANCE CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2022 ,inter alia, to consider and approve In continuation of our letter dt. 10th May, 2022, this is to inform that the Board of Directors of Power Finance Corporation Ltd. in its meeting scheduled to be held on 25th May, 2022, interalia, will be considering a proposal relating to the declaration of dividend, if any, for the FY 2021-22.
21-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Transfer Of Wholly Owned Subsidiary Of PFC Consulting Limited (A Wholly Owned Subsidiary Of Power Finance Corporation Limited)

This is to inform that Khetri-Narela Transmission Limited (a wholly owned subsidiary of PFC Consulting Limited) established for the development of 'Transmission System Strengthening Scheme for Evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part-G' has been transferred to Power Grid Corporation of India Limited, the successful bidder on 11th May, 2022.
12-05-2022

Govt asks PFC, REC to give short-term loans to imported coal-based plants

The direction assumes significance in view of the power ministry's earlier order that asked all imported coal-based plants to produce electricity at their 100% generation capacity
11-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Board Meeting Intimation for Intimation Of Board Meeting Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015

POWER FINANCE CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2022 ,inter alia, to consider and approve This is to inform BoD of PFC in its meeting scheduled to be held on 25.05.2022, will interalia, be considering Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31.03.2022. In this context, as already intimated vide our letter dt. 31.03.2022, in terms of Company's 'Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities of Power Finance Corporation Limited' ('Code'), trading window for trading in Equity Shares & Listed Debt Securities (Tax free bonds etc.) of PFC was closed on 1.04.2022 till further orders. Further, above said Trading window shall remain closed till 48 hrs. after declaration of financial results for period ended 31.03.2022. All designated persons and their immediate relatives have been advised not to enter/deal in any transaction involving sale or purchase of PFC''s Equity Shares/Securities during the above-said period.
10-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Incorporation Of 3 Wholly Owned Subsidiaries Of PFC Consulting Limited (A Wholly Owned Subsidiary Of Power Finance Corporation Limited)

This is to inform that the following 3 Special Purpose Vehicle (SPV) Companies have been incorporated as wholly owned subsidiaries of PFC Consulting Limited (a wholly owned subsidiary of Power Finance Corporation Limited): 1. Siot Transmission Limited - For 'Creation of 400/200 kV, 2x315 MVA S/S at Siot, Jammu & Kashmir' 2. Fatehgarh III Beawar Transmission Limited - For development of 'Transmission System for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part G' 3. Beawar Dausa Transmission Limited - For development of 'Transmission System for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part H'
10-05-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayPOWER FINANCE CORPORATION LTD. 2CINL65910DL1986GOI024862 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 263341.26 4Highest Credit Rating during the previous FY AAA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Manohar Balwani Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Parminder Chopra Designation: Director Finance EmailId: [email protected] Date: 28/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
28-04-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Compliance Certificate Under Regulation 40 Of SEBI (LODR) Regulations, 2015 For FY 2021-22

Compliance Certificate under Regulation 40 of SEBI (LODR) Regulations, 2015 for FY 2021-22
22-04-2022
Bigul

POWER FINANCE CORPORATION LTD. - 532810 - Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For FY 2021-22

Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for FY 2021-22
22-04-2022
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