Power Finance Corporation News

PFC ED Rajesh Kumar Shahi superannuates

Power Finance Corporation Ltd announced the superannuation of Executive Director (Projects) Rajesh Kumar Shahi effective September 30, 2026.

Power Finance Corporation sells two subsidiaries

Power Finance Corporation divests two subsidiaries — one to Montecarlo Energy for ₹3.72 crore and another to Apraava Energy for ₹7.41 crore.

PFC incorporates SPV for Nashik transmission project

Power Finance Corporation incorporated Malegaon Power Transmission Limited as a subsidiary to facilitate land acquisition and survey for a 400/220 kV project in Nashik.

PFC director Pankaj Gupta ceases to hold office

Independent Director Pankaj Gupta ceased to be a director on Power Finance Corporation Ltd's board effective September 22, 2026, following the completion of his three-month tenure.

PFC appoints joint statutory auditors for FY27

Power Finance Corporation Ltd has appointed Thakur Vaidyanath Aiyar & Co and Mehra Goel & Co as joint statutory auditors for the financial year 2026-27, pursuant to Section 139 of the Companies Act.