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Power Finance Corporation Limited — Important, 05-06-2025: General Updates
05-06-2025 | 01:38 pm
05-06-2025 | 01:38 pm
Power Finance Corporation Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company completed the sale of its wholly owned subsidiary, MEL Power Transmission Limited, to Power Grid Corporation of India for Rs. 8.53 crore. The subsidiary had minimal impact on turnover and net worth. This sale streamlines PFC’s portfolio and boosts liquidity without affecting its core business.
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