Power Finance Corporation: Intimation of receipt of No Objection certificate from Reserve Bank of India (RBI) in relation to proposed…
Power Finance Corporation (PFC) filed a disclosure titled "Intimation of receipt of No Objection certificate from Reserve Bank of India (RBI) in relation to proposed scheme of Merger". The company is valued at about ₹1.13 lakh crore.
What happened
Power Finance Corporation (PFC) filed a disclosure with the exchanges on 15 October 2026 at 09:49 PM titled "Intimation of receipt of No Objection certificate from Reserve Bank of India (RBI) in relation to proposed scheme of Merger".
Company snapshot
Power Finance Corporation is a large-cap company in the Financial Services sector, with a market value of about ₹1.13 lakh crore.
The stock last traded at ₹342.3, against a 52-week range of ₹313.4–₹486.5 (29.6% below the high).
Before this filing the shares had moved −2.5% over the month and −14.2% over three months. Average daily turnover over the last 20 sessions was about ₹326 crore.
Promoters held 55.99% at the end of Q1 FY27. Foreign institutions owned 20.54% and domestic institutions 14.51%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 28,539 | 8,981.5 | 20.81 |
| Q2 FY26 | 28,890 | 5,743.3 | 17.4 |
| Q3 FY26 | 29,095 | 6,292.5 | 19.07 |
| Q4 FY26 | 28,920 | 6,998 | 21.21 |
| Q1 FY27 | 28,527 | 7,012 | 21.25 |
What history shows
BCEIE's records show 6 previous m&a filings from the company since May 2026.
After those filings, the stock fell 1.2% on average the next trading day and was down 2.3% on average after five days (4 filings with price data).
Across 84 similar disclosures by other Financial Services companies, shares moved +0.2% on average the next day and +0.2% over five days; 46% of them rose the next day.
Market-wide, 2,096 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Jun 2026 | Transfer Of Kakinada I Transmission Limited (Wholly Owned Subsidiary… | +1.4% | −4.9% |
| 10 Jun 2026 | Intimation Regarding Presidential Approval For The Proposed Merger… | −2.4% | −0.5% |
| 29 May 2026 | Transfer Of Kurnool IV REZ Power Transmission Limited (Wholly Owned… | −3.6% | −0.0% |
| 27 May 2026 | Transfer of NERGS III Siang Basin Transmission Limited (wholly owned… | −0.0% | −3.9% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.