FilingReader Intelligence
Power Finance Corporation sells two transmission subsidiaries
July 24, 2025 at 07:11 PM UTC•By FilingReader AI
Power Finance Corporation Limited sold two wholly-owned transmission subsidiaries for INR 3.2 billion combined. Dineshchandra R. Agrawal Infracon Private Limited acquired Raghanesda RE Transmission Limited for INR 1.91 billion, while Resonia Limited bought NER Expansion Transmission Limited for INR 1.29 billion.
The transactions completed on July 23, 2025, with buyers unrelated to PFC's promoter group.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:PFC•Bombay Stock Exchange
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