Power Finance Corporation Ltd - 532810 - Transfer Of Bhuj -II Transmission Limited, A Wholly Owned Subsidiary Of PFC Consulting Limited (PFCCL)
This is to inform you that Bhuj -II Transmission Limited (a wholly owned subsidiary of PFC Consulting Limited) established for the development of 'Transmission System for providing connectivity to RE projects at Bhuj-II (2000MW) in Gujarat' has been transferred to Power Grid Corporation of India Limited on 16th October, 2019. Power Finance Corporation Ltd - 532810 - Transfer Of Fatehgarh-II Transco Limited (A Wholly Owned Subsidiary Of PFC Consulting Limited)
Fatehgarh-II Transco Limited (a wholly owned subsidiary of PFC Consulting Limited) established for the development of "Transmission system associated with LTA applications from Rajasthan SEZ Part-B" has been transferred to Power Grid Corporation of India Limited, the successful bidder on 14th October, 2019. POWER FINANCE CORPORATION LTD. - 532810 - Closure of Trading Window
This is to inform that in terms of Company's 'Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities of Power Finance Corporation Limited' ('Code'), the trading window for dealing in securities of Power Finance Corporation Limited shall remain closed with effect from October 1, 2019 till expiry of forty eight (48) hours after the declaration of financial results for the quarter ended 30th September, 2019. Therefore, all designated employees (including employees of subsidiaries of PFC limited) and other connected persons, as defined in the 'Code' have been advised not to trade in Company''s Securities including PFC''s Equity Shares and Listed Debt Securities during the above-said period. POWER FINANCE CORPORATION LTD. - 532810 - Appointment Of Director On The Board Of Power Finance Corporation Limited
Pursuant to Ministry of Power communication No.8/1/2007-PFC Desk dated 28th August, 2019, the Board of Directors in its meeting held on 20th September, 2019 has appointed Shri Mritunjay Kumar Narayan, Joint Secretary, Ministry of Power, as a Government Nominee Director on the board of the Company w.e.f. 28th August, 2019 vice Shri Arun Kumar Verma, Joint Secretary, who was earlier nominated on the Board of PFC vide Office Order dated 13th October, 2015. POWER FINANCE CORPORATION LTD. - 532810 - Transfer Of A Wholly Owned Subsidiary Of PFC Consulting Limited (PFCCL) (A Wholly Owned Subsidiary Of Power Finance Corporation Limited)
This is to inform you that Bikaner-Khetri Transmission Limited (a wholly owned subsidiary of PFC Consulting Limited) established for development of 'Transmission System associated with LTA applications from Rajasthan SEZ Part-D' has been transferred to Adani Transmission Limited, the successful bidder on 19th September, 2019. Power Finance Corporation Ltd - 532810 - Assumption Of Charge Of Chief Risk Officer Of Power Finance Corporation Limited
Pursuant to the Reserve Bank of India (RBI) notification DNBR (PD) CC.N0.099/03.10.001/2018-19 dated May 16, 2019 and the decision of the Board of Directors at its Meeting held on August 13, 2019, Shri B. S. Bisht, General Manager (Finance) has assumed the charge of Chief Risk Officer (CRO) today i.e. September 18, 2019. Power Finance Corporation Ltd - 532810 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Reliance Capital Trustee Co Ltd Power Finance Corporation ups global MTN to $5 billion
Power Finance Corporation Ltd. (PFC) on Saturday has updated its existing global Medium Term Note (MTN) Programme from $3 billion to $5 billion.The c POWER FINANCE CORPORATION LTD. - 532810 - Disclosure Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update Of Global Medium Term Note Programme
Update of Global Medium Term Note Programme from U.S.S 3,000,000,000 to U.S.S 5,000,000,000 and Issuances of U.S.$ 300,000,000 3.25 per cent. Notes due 2024 & U.S.$ 450,000,000 3.90 per cent. Notes due 2029 under U.S.$5,000,000,000 Global Medium Term Note Programme Earnings rebound seen for PFC, REC by 2020-21 on 50-60% NPA provision
Though analysts have turned positive, stocks remain prone to asset quality shocks