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Power Finance Corporation (108.5): Buy

Investors with a medium-term time-frame can buy the stock of Power Finance Corporation (PFC) at current levels. Following a short-term downtrend, the
08-09-2019
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PFC gets approval to raise Rs 70,000 crore

The proposal was approved by the majority of shareholders at its annual general meeting held today.
27-08-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)

Power Finance Corporation Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
27-08-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Shareholder Meeting / Postal Ballot-Outcome of AGM

pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed herewith Voting Results of 33rd AGM of the Company.
27-08-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith proceedings of the 33rd AGM of the Company held today i.e. 27th August, 2019.
27-08-2019
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Letter to BS: CG Power financial fraud poses risks for mutual fund industry

Audit reports don't reflect the true state of the financials and the credit ratings are unreliable
22-08-2019
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CG Power financial fraud: Four entities, two deals and high-value loans

CG Power has informed the exchanges of a Risk and Audit Committee report, which detailed multiple dubious transactions at the company
21-08-2019
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CG Power financial fraud stumps mutual funds, poses risks for industry

Fund managers seek clarity from new management on potential recovery
20-08-2019
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Power Finance Corporation Ltd - 532810 - Outcome Of Board Meeting

In continuation of our earlier letter dated 06.08.2019, we would like to inform you that, the Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. on August 13, 2019 have inter-alia considered and approved the Unaudited Financial Results (Standalone & consolidated) for the quarter ended 30th June, 2019. Accordingly, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, Please find enclosed herewith the unaudited financial results (Standalone & consolidated) for the quarter ended 30th June, 2019 along with the Limited Review Report by our Statutory Auditors thereupon.
13-08-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

It is to inform that a conference call of the management of the company with Investors/Analysts has been scheduled on 14th August, 2019 at 12:00 p.m., post Q1 financial results for FY 2019-20. The conference call is aimed at giving update about PFC's performance for the quarter ended 30th June, 2019. The transcript of the conference call shall be uploaded on company's website (www.pfcindia.com) in due course.
09-08-2019
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