The government is considering issuing preference shares or new equity to maintain a 51% ownership stake in PFC following the merger with REC, as part of the restructuring plan announced in the FY27 budget aiming to boost scale and efficiency within public sector Non-Bank Financial Companies.

Effective April 2026, Rajesh Kumar steps into his new role as the Finance Director at REC Ltd. With over 30 years of experience under his belt, including a tenure as REC's Executive Director (Finance), he brings valuable expertise to his new position.

REC Ltd has completed its scheduled interest payments of INR 124.9 crore for the fiscal year 2025-26 on March 27, 2026, adhering to SEBI guidelines, across various NCDs including GOI XIV, GOI X, GOI II, and GOI III.