Power Finance Corporation Ltd (PFC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Power Finance Corporation Ltd on NSE and BSE, with an AI summary of each filing.
Intimation
Others (Uncategorized) · 04 Nov 2026, 10:47 pm
Power Finance Corporation Renames Transmission SPV Following Project Restructuring Power Finance Corporation Limited (PFC) announced that its step-down subsidiary SPV, Wahipora and Sallar Transmission Limited, has been renamed to Wahipora-Baghthali Transmission Limited. The entity, originally incorporated on 11th Nov'24 by PFC Consulting Limited (PFCCL), acts as the Bid Process Coordinator for intra-state transmission projects awarded by JKPTCL under tariff-based competitive bidding. Following JKPTCL's decision to restructure the transmission scheme into multiple packages, the existing SPV was repurposed for grid substation and line construction at Wahipora and Baghthali, prior to its transfer to the successful bidder.
INTIMATION
Others (Uncategorized) · 04 Nov 2026, 10:05 pm
PFC Arm Incorporates SPV for Siot Rajouri Akhnoor Transmission Project PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated a new Special Purpose Vehicle (SPV), Siot Rajouri Akhnoor Transmission Limited. PFCCL serves as the Bid Process Coordinator to select a Transmission Service Provider via the Tariff-Based Competitive Bidding route for developing downstream transmission networks from the upcoming 400/220 kV Grid Substation at Siot, Rajouri (ISTS). The SPV will handle preliminary project activities, surveys, land acquisition, and clearances before being transferred to the successful bidder.
INTIMATION
Dividend · 04 Nov 2026, 8:01 pm
INTIMATION
Others · 04 Nov 2026, 7:57 pm
OUTCOME
Outcome · 04 Nov 2026, 7:54 pm
outcome
Financial Result · 04 Nov 2026, 7:42 pm
Outcome of Board Meeting- Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Outcome · 04 Nov 2026, 7:35 pm
Power Finance Corporation Limited has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
Intimation · 04 Nov 2026, 5:30 am
Power Finance Corporation Limited has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
Intimation · 04 Nov 2026, 5:30 am
Power Finance Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve In terms of Regulation ....
Intimation · 04 Nov 2026, 5:30 am
PFC Board Meeting Scheduled on 4th Nov'26 to Consider Q2 Results and Interim Dividend Power Finance Corporation Ltd.'s Board of Directors is scheduled to meet on 4th Nov'26 to consider and approve the standalone and consolidated unaudited financial results, along with special purpose condensed interim financial statements, for the quarter and half-year ended 30th Sep'26. Additionally, the Board will evaluate a proposal for the declaration of a second interim dividend for FY26-27. In accordance with insider trading regulations, the trading window for equity shares and listed debt securities remains closed until further notice.
Intimation of Board Meeting pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015
Intimation · 04 Nov 2026, 5:30 am
Intimation
Others (Uncategorized) · 29 Oct 2026, 6:43 pm
PFC Consulting Incorporates SPV for Rajasthan Transmission Project Power Finance Corporation's wholly owned subsidiary, PFC Consulting Limited (PFCCL), has incorporated Rundh Gidawara Transmission Limited as a Special Purpose Vehicle (SPV). The entity was established to execute preparatory activities—including surveys, land acquisition, and forest clearances—for the 765 kV GSS Rundh Gidawara (Alwar) transmission system in Rajasthan. PFCCL is acting as the Bid Process Coordinator under the Tariff Based Competitive Bidding framework, and this SPV will ultimately be transferred to the selected successful bidder for project execution.
INTIMATION
Others (Uncategorized) · 24 Oct 2026, 7:53 pm
PFC Subsidiary Incorporates Khushkhera Transmission SPV for Rajasthan Project PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, has incorporated Khushkhera Transmission Limited as a wholly owned Special Purpose Vehicle (SPV). The entity was established to undertake preparatory activities—including land acquisition, survey reporting, and forest clearances—for the 400 KV GSS Bhojrajka (Khushkhera) and associated transmission system in Rajasthan. PFCCL is acting as the Bid Process Coordinator, and the SPV will ultimately be transferred to the successful bidder selected via the tariff-based competitive bidding process.
INTIMATION
Others (Uncategorized) · 24 Oct 2026, 2:08 am
PFC Incorporates Two SPVs for Renewable Energy Transmission Projects Power Finance Corporation Limited's wholly owned subsidiary, PFC Consulting Limited (PFCCL), has incorporated two special purpose vehicles: Solapur SEZ Power Transmission Limited and Karur REZ Power Transmission Limited. Nominated as the Bid Process Coordinator by the Ministry of Power following National Committee on Transmission directives on 7th Jul'26, PFCCL will use these entities to undertake preparatory survey, land acquisition, and clearance activities. The SPVs will ultimately be transferred to winning developers selected through international Tariff Based Competitive Bidding for power evacuation and renewable energy grid integration.
INTIMATION
Others (Uncategorized) · 22 Oct 2026, 4:47 pm
PFC Subsidiary Incorporates SPV for Northern Region Transmission Project Power Finance Corporation Limited's wholly owned subsidiary, PFC Consulting Limited (PFCCL), has incorporated a dedicated Special Purpose Vehicle (SPV) named Northern Region Power Transmission Limited. The SPV will address static and dynamic compensation requirements within the Northern Region Grid. Acting as the nominated Bid Process Coordinator, PFCCL will execute preparatory project activities—including surveys, land acquisition initiation, and forest clearances—before transferring the SPV to the winning developer selected through the Tariff Based Competitive Bidding (TBCB) process.
Intimation of receipt of NOC from NSE and BSE in relation to proposed scheme of merger of REC limited with and into Power Finance Corporation Limited
Others (Uncategorized) · 20 Oct 2026, 4:15 am
PFC and REC Receive Stock Exchange No-Objection for Proposed Merger Power Finance Corporation Limited and REC Limited received No Objection observation letters from BSE and NSE on 19th Oct'26 regarding their proposed merger scheme. Valid for six months to file before NCLT, the clearance is conditional upon RBI approval and settlement of outstanding dues. SEBI mandated key disclosures to shareholders and NCLT, covering business synergies, valuation methodologies, share swap ratio basis, financials, and asset-liability transfers. Any subsequent changes to the draft scheme or swap ratio remain subject to regulatory, stock exchange, and SEBI approvals.
Intimation of receipt of No Objection certificate from Reserve Bank of India (RBI) in relation to proposed scheme of Merger
Others (Uncategorized) · 16 Oct 2026, 3:19 am
PFC Receives RBI No Objection Certificate for Proposed REC Merger Power Finance Corporation Ltd. (PFC) secured a No Objection Certificate (NOC) from the Reserve Bank of India on 15th Oct'26 regarding the proposed merger of REC Limited into PFC. The scheme, initially approved by the respective boards on 28th Jun'26 under Sections 230-232 of the Companies Act, 2013, remains subject to specified RBI conditions, further statutory and regulatory clearances, and requisite approvals from respective shareholders and creditors.
INTIMATION
Others (Uncategorized) · 15 Oct 2026, 10:01 pm
PFC Subsidiary Incorporates Kadapa II REZ SPV for Transmission Bidding Power Finance Corporation Limited's wholly owned subsidiary, PFC Consulting Limited (PFCCL), has incorporated a dedicated Special Purpose Vehicle, Kadapa II REZ Transmission Limited. The SPV will facilitate the transmission system integration for Kadapa-II REZ (Phase-I). Nominated as the Bid Process Coordinator by the Ministry of Power following NCT's recommendation, PFCCL will execute preparatory activities, including surveys, land acquisition, and forest clearances. The SPV will eventually be transferred to the winning bidder selected via the Tariff-Based Competitive Bidding process.
INTIMATION
Others (Uncategorized) · 12 Oct 2026, 11:07 pm
PFC Transfers Three Transmission SPVs to Successful Bidders for ₹58.48 Crore Power Finance Corporation's wholly-owned subsidiary, PFC Consulting Limited, completed the transfer of three transmission SPVs on 12th Oct'26. Jam Khambhaliya REZ Transmission Limited and Lakadia C Power Transmission Limited were transferred to Power Grid Corporation of India for ₹19.22 crore and ₹19.94 crore, respectively. Lakadia A Power Transmission Limited was transferred to AnantGrid Projects One Private Limited for ₹19.32 crore. Revenue and net worth contributions from these entities were negligible, and the transactions do not qualify as related-party deals or slump sales.
Intimation
Others (Uncategorized) · 07 Oct 2026, 6:03 pm
PFC Transfers Satara Power Transmission to Adani Energy Solutions for Rs 19.01 Cr PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited, completed the sale and transfer of its SPV, Satara Power Transmission Limited, to successful bidder Adani Energy Solutions Limited on 6th Oct'26. The transaction was executed for a total consideration of Rs 19.01 Cr as per the Share Purchase Agreement. The SPV was established to develop network expansion schemes catering to up to 4,500 MW pumped storage potential near Satara and had negligible revenue and net worth contributions to PFC.
INTIMATION
Change in Management · 01 Oct 2026, 4:27 pm
Power Finance Corporation Announces Superannuation of Executive Director (Projects) Power Finance Corporation Limited informed stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding a change in its senior management personnel. Shri Rajesh Kumar Shahi, Executive Director (Projects), has superannuated from the services of the corporation upon attaining the superannuation age, effective 30th Sep'26 (afternoon).
INTIMATION
Others (Uncategorized) · 28 Sept 2026, 11:09 pm
PFC Transfers Two Transmission SPVs for Combined Consideration of ₹11.12 Crore Power Finance Corporation's step-down subsidiary, PFC Consulting Limited, transferred two wholly owned transmission SPVs to successful bidders on 28th Sep'24. Latur REZ Transmission Limited was transferred to Montecarlo Energy Limited for ₹3.72 crore, while Raigad Power Transmission Limited was acquired by Apraava Energy Private Limited for ₹7.41 crore. Both entities contributed negligible revenue and net worth to the parent company. The non-related-party, non-slump-sale transactions were executed in accordance with Ministry of Power guidelines.
INTIMATION
Others (Uncategorized) · 28 Sept 2026, 4:14 pm
PFC Subsidiary Incorporates Malegaon Power Transmission SPV for TBCB Project Power Finance Corporation's wholly owned subsidiary, PFC Consulting Limited (PFCCL), has incorporated a dedicated Special Purpose Vehicle (SPV), Malegaon Power Transmission Limited. The SPV will facilitate the establishment of the 400/220 kV Malegaon (Saundane) substation in Nashik, Maharashtra. Operating as the Bid Process Coordinator approved by the Ministry of Power and Government of Maharashtra, PFCCL will handle preparatory activities—including land acquisition and forest clearances—before transferring the SPV to the successful bidder selected via tariff-based competitive bidding.
INTIMATION
Change in Management · 22 Sept 2026, 5:38 pm
PFC Announces Cessation of Independent Director Pankaj Gupta Power Finance Corporation Limited informed stock exchanges that Shri Pankaj Gupta has ceased to serve as a Non-Official Independent Director on the company's Board effective 22nd Sep'26. The cessation follows the successful completion of his three-month tenure, which concluded on 21st Sep'26 pursuant to the appointment terms outlined by the Ministry of Power, Government of India.
INTIMATION
Change in Auditor · 09 Sept 2026, 7:28 pm
CAG Appoints Joint Statutory Auditors for Power Finance Corporation for FY27 Power Finance Corporation Ltd. announced that the Comptroller and Auditor General of India (CAG) has appointed Thakur Vaidyanath Aiyar & Co. and Mehra Goel & Co. as the company’s Joint Statutory Auditors for FY27 under Section 139 of the Companies Act, 2013. Both established chartered accountancy firms bring extensive multi-decade audit, assurance, and advisory experience across major public and private sector enterprises, including leading banking, non-banking financial companies (NBFCs), and energy sector entities.