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Power Finance Corporation Ltd - 532810 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

In terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of our earlier disclosure in this regards, We Power Finance Corporation Limited (Transferee Company), do hereby inform that Hon'ble Ministry of Corporate Affairs, New Delhi, vide its order dated 07.02.2019, has approved the amalgamation of PFC Green Energy Limited ( Transferor Company and Wholly owned subsidiary of PFC) with Power Finance Corporation Limited (PFC) under the provision of Section 230 - 232 of the Companies Act, 2013 read with Ministry of Corporate Affairs Notification No. G.S.R. 582 (E), Dated 13.06.2017.
08-02-2019
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Power Finance Corporation Ltd - 532810 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

In terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, We hereby inform that Hon'ble Ministry of Corporate Affairs, New Delhi, vide its order dated 30.01.2019, has approved the amalgamation of PFC Capital Advisory Services Limited (Transferor Company and Wholly owned subsidiary of PFC) with PFC Consulting Limited (Transferee Company and Wholly owned subsidiary of PFC), under the provision of Section 230 - 232 of the Companies Act, 2013 read with Ministry of Corporate Affairs Notification No. G.S.R. 582 (E), Dated 13.06.2017.
08-02-2019
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PFC gets CCI's nod for acquiring 52% stake in REC

The Competition Commission of India on Tuesday gave approval to state-owned financial institution Power Finance Corporation (PFC) for the acquisition
05-02-2019
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Power Finance Corporation Ltd - 532810 - Announcement under Regulation 30 (LODR)-Meeting Updates

In continuation of our letter dt. 16th January, 2019 and in terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of Power Finance Corporation Ltd. (PFC) in its meeting scheduled to be held on Monday, February 11, 2019 will, inter-alia consider a proposal for revision in limits for raising of resources i.e. Market Borrowing program for the Financial Year 2018-19 through issuance of bonds, term loans, Capital Gain Bonds, Commercial Paper etc. from domestic & international markets.
05-02-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Change in RTA

Karvy Fintech Private Limited (Karvy Fintech) vide its email dt. 1711 January, 2019 has informed that pursuant to Order of the Hyderabad Bench of the National Company Law Tribunal (NCLT Order), the operations of Karvy Computershare Private Limited (KCPL), the Share Transfer Agents of PFC have been transferred to Karvy Fintech Private Limited (Karvy Fintech) with effect from 17th November, 2018. It has been further informed that pursuant to the NCLT Order all the existing agreements to which KCPL is a party including the agreements entered into with PFC shall be in full force and vest with Karvy Fintech Private Limited We request you to take note of the same and update the name of Karvy Fintech Private Limited as the Share Transfer Agents of the Company in your records.
22-01-2019
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Power Finance Corporation Ltd - 532810 - Shareholding for the Period Ended December 31, 2018

Power Finance Corporation Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2018. For more details, kindly Click here
21-01-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2018

Power Finance Corporation Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2018, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
19-01-2019
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POWER FINANCE CORPORATION LTD. - 532810 - Board Meeting Intimation for Intimation Of Board Meeting Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 And Intimation Of Closure Of Trading Window

POWER FINANCE CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2019 ,inter alia, to consider and approve This is to inform that the Board of Directors of Power Finance Corporation Ltd. in its meeting scehdueled to be held on 11th February, 2019, will interalia, be considering the Unaudited Financial Results for the quarter ended 31st , December, 2018. Further it is informed, that in terms of Company''s Code of Conduct for regulating & reporting trading by insiders and for fair disclosure.2015 (the Code) framed pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations , 2015, the trading window for dealing in the securities of the Company will be closed for all connected person as defined in the Code from 4th February, 2019 to 13th February, 2019 (both days inclusive).
16-01-2019
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RBSA Advisors valuation advisor for govt's stake sale in rural power firm

PFC may not be required to make an open offer to minority shareholders of REC after buying out the govt stake in the company as it is a related party transaction, said RBSA
14-01-2019
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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 Nippon Life Asset Management Ltd
10-01-2019
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