Power Finance Corporation Merger & Restructuring
PFC Consulting, a PFC subsidiary, incorporated Anuppur Transmission Limited as an SPV. It will develop a 4000 MW transmission project in Madhya Pradesh via competitive bidding.
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111 announcements
PFC Consulting, a PFC subsidiary, incorporated Anuppur Transmission Limited as an SPV. It will develop a 4000 MW transmission project in Madhya Pradesh via competitive bidding.
PFC announced that its subsidiary's SPV Wahipora and Sallar Transmission Limited has been renamed Wahipora-Baghthali Transmission Limited. The rename supports a restructured J&K transmission scheme that the successful bidder will develop.
Power Finance Corporation declared an interim dividend of ₹4.10 per share for FY 2026-27. Record date is 17 November 2026, with payment by 4 December 2026.
PFC Consulting, PFC's wholly owned subsidiary, incorporated Siot Rajouri Akhnoor Transmission Limited as an SPV. It will be transferred to the successful bidder after a tariff-based competitive bidding process.
Power Finance Corporation Ltd reported revenue from operations of ₹29,044 Cr (+0.5% YoY) and net profit of ₹7,682 Cr (-2.0% YoY) for Q2 FY27.
Power Finance Corporation Ltd paid Rs. 176.51 Crore in interest for its bond series 254. The payment was completed on schedule by November 3, 2026.
Power Finance Corporation intimates BSE of a 4 November 2026 board meeting to consider Q2/H1 unaudited standalone and consolidated results, interim financial statements, and a possible 2nd interim dividend for FY 2026-27. The trading window for equity and listed debt remains closed.
PFC has fulfilled its interest payment obligations for various NCD series, paying a total of ₹1.50 Crore to debenture holders.
PFC's subsidiary incorporated a wholly owned SPV, Northern Region Power Transmission Limited, for a grid transmission project. It will transfer to the successful bidder after competitive bidding.
Power Finance Corporation announced receipt of 'No Objection' letters from BSE and NSE regarding its proposed scheme of merger with REC Limited, pending further regulatory approvals.
PFC confirmed timely interest payment for its TF 15-16 bond series. The aggregate interest amount paid across four tranches is ₹40.379 Crore.
Power Finance Corporation Ltd has submitted its quarterly shareholding pattern statement for the quarter ended September 30, 2026, as required under SEBI regulations.
Power Finance Corporation paid the Rs.106.29 Crore annual coupon on its Tax Free Bonds 2011-12 on the due date. This confirms regular servicing of the listed debt.
Power Finance Corporation transferred three wholly-owned subsidiaries of its subsidiary, PFC Consulting Limited, to successful bidders for an aggregate consideration of ₹58.48 Crore.
Power Finance Corporation has successfully made the scheduled annual interest payment of Rs.268.50 Crore on its 8.95% bonds (Series 178).
PFC transferred subsidiary Satara Power Transmission Limited to Adani Energy Solutions for Rs.19.01 Crore. The transmission SPV sale completed on 06.10.2026.
Power Finance Corporation Limited successfully paid interest of ₹151.72 Crore on its 7.85% Bond Series 177. The payment for ISIN INE134E08JP5 was completed on October 3, 2026.
Power Finance Corporation has successfully made the scheduled interest payment of ₹138.17 Crore on its 6.95% bonds (Series 213).
Power Finance Corporation announced the superannuation of Shri Rajesh Kumar Shahi. He retired from his position as Executive Director (Projects) effective September 30, 2026.
Power Finance Corporation paid Rs.125.59 Crore as yearly interest on its 7.34% debentures (Series 209). The payment was executed on the scheduled due date.
PFC transferred its wholly-owned subsidiaries, Latur REZ Transmission Ltd and Raigad Power Transmission Ltd, to external bidders for a total consideration of ₹11.12 Crore.
Power Finance Corporation has incorporated Malegaon Power Transmission Limited as a wholly-owned step-down subsidiary. This SPV will facilitate a 400/220 kV transmission project in Nashik, Maharashtra.
Power Finance Corporation Ltd has completed the full redemption of its 7.55% Bonds (Series 152) upon maturity. The company paid Rs.4,000 Crore to bondholders.
Power Finance Corporation has successfully made an interest payment of Rs.301.17 Crore for its 7.55% PFC Bond Series 152.
Power Finance Corporation Limited has timely paid interest dues amounting to ₹232.19 Crore for its 6.73% bond series. The payment was processed via electronic modes on September 25, 2026.
PFC paid ₹487.41 Crore in annual interest across two bond series on 23 September 2026. Timely debt servicing confirmed on its 2031 and 2039 bonds.
Power Finance Corporation paid interest of ₹78.14 Crore on its 7.75% bonds (ISIN: INE134E08IX1) due on September 22, 2026.
Shri Pankaj Gupta ceased as PFC's Non-Executive Independent Director on September 22, 2026, upon completing his three-month tenure. No successor was named.
Power Finance Corporation has completed the full redemption of its 7.56% Series 151-B debentures. The total redemption amount paid is Rs. 210 Crore.
PFC intimated the CAG-appointed joint statutory auditors for FY 2026-27: Thakur Vaidyanath Aiyar & Co and Mehra Goel & Co. This is a routine regulatory auditor appointment with no financial impact.