PFC REC Merger Explained: 100 REC Shares Become 88 PFC Shares | Upstox

📌 PFC and REC are merging: REC shareholders will receive 88 PFC shares for every 100 REC shares (record date awaited). The merged entity will have a ₹11 lakh crore+ loan book, creating one of India's largest lenders, with expected cost synergies and efficiency gains. Both companies have a strong dividend track record, but experts advise not to chase the stock yet, as approvals are still pending—staggered buying is considered the better approach. Join the Upstox Community: Telegram: https://uptx.to/Telegram-Oct-Community Instagram: https://uptx.to/Instagram-Oct LinkedIn: https://uptx.to/LinkedIn-Oct Twitter: https://uptx.to/Twitter-Oct Also on YouTube: Upstox Global: https://www.youtube.com/@UpstoxGlobal Uplearn by Upstox — India's economy and companies, decoded every week: https://www.youtube.com/@UplearnbyUpstox Upstox is India's most trusted investment platform — backed by Ratan Tata and Tiger Global, and chosen by 1 crore+ Indians to grow their wealth. On this channel, we cover everything you need to invest and trade with confidence — market updates, stock analysis, IPO breakdowns, and more. Stocks. ETFs. Mutual Funds. IPOs. F&O. Currencies. Commodities. All on one platform. Start investing today — open your free Demat account in minutes: https://uptx.to/open-demat-account Download the Upstox App — India's highest rated trading app: iOS: https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US #pfcrecmerger #pfc #rec #powerstocks #pfcstock #recstock #powerfinancecorporation #ruralelectrificationcorporation #psustocks #indianstockmarket #stockmarketindia #dividendstocks #stockmarkethindi #midmarkets