REC board approves merger with PFC at 88:100 share swap ratio scanx.trade PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC shares The Economic Times PFC-REC merger approved to create ₹11 lakh crore power financing giant BusinessLine PFC and REC Boards Approve Merger Scheme to Create Rs. 11 Lakh Crore Power Financing Giant Sarkaritel.com REC to hold board meet on June 28 for PFC merger approval; PFC shares gain 22% in 6 months, REC up 2% Upstox REC board approves merger with PFC at 88:100 share swap ratio scanx.tradePFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC shares The Economic TimesPFC-REC merger approved to create ₹11 lakh crore power financing giant BusinessLinePFC and REC Boards Approve Merger Scheme to Create Rs. 11 Lakh Crore Power Financing Giant Sarkaritel.comREC to hold board meet on June 28 for PFC merger approval; PFC shares gain 22% in 6 months, REC up 2% Upstox by Soban News (international And National News)