Rec
Amusement Parks, Arcades & Attractions · Hungary · 501-1,000 Employees
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Overview
Headquarters
Ady Endre Ut 9-11, Szentendre, 2000, Hun...Phone Number
+36 26504000Website
www.therecroom.comRevenue
$22.3 MillionIndustry
About Rec
Rec Org Chart
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Rec is experiencing very low activity levels compared to other companies in the Hospitality sector.
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Rec Tech Stack
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Rec News & Media
PFC, REC shares in focus as mega merger process advances. What's next?
Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approved seeking formal approval from the President of India for this proposed mega merger. This move consolidates two major PSU non-banking financial corporations. The merger is subject to further regulatory clearances and approvals.PFC board clears next step for REC merger, seeks govt approval - The Economic Times
Power Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of Indias nod for the transaction. PFC has authorised CMD Parminder Chopra to seek formal approval. The merger will be based on a share swap ratio determined by valuers, while ensuring the merged entity retains its government-company status.PFC, REC boards clear merger, seek approval from President - The Times of India
India Business News: NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the propos.PFC-REC merger may not be a priority amid war squeeze - The Economic Times
Boards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fall below 51 percent. This could require a substantial capital infusion of around 25,000 crore rupees. Analysts question the feasibility of this. The merger is targeted for April 1, 2027. Discussions continue on the final structure.
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Frequently Asked Questions Regarding Rec
The Rec Room is a Canadian "Eats & Entertainment" destination that does dining, amusement gaming, technology and live entertainment experiences based out of Alberta, Canada.... Read More