Routine Neutral

2026-07-14 19:53

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Routine Neutral

2026-07-14 19:50

New Filing detected. See link for details.

Routine Neutral

2026-07-10 19:26

New Filing detected. See link for details.

Business Update Neutral

2026-06-30 22:07

- REC's subsidiary RECPDCL transferred two project SPVs for a total consideration of approximately ₹30.54 Cr. - The SPVs were sold to Power Grid Corporation of India Ltd. and H G Infra Engineering Ltd. on June 30, 2026, via competitive bidding.

Governance Neutral

2026-06-29 20:22

- REC Limited intimates changes in Senior Management. - Shri Sahab Narain, Shri Bhupesh Chandolia, Shri Pankaj Gupta, and Smt. S. Jayanthi have been promoted as Executive Directors of the Company. - The appointments are effective from June 28, 2026, subject to assumption of charge.

Business Update Positive

2026-06-28 23:22

- REC Limited and Power Finance Corporation Limited (PFC) Boards approved the Scheme of Merger of REC into PFC on June 28, 2026. - The merger will create a financing entity with an aggregate loan book exceeding INR 11 lakh crore. - Share exchange ratio: 88 equity shares of PFC for every 100 equity shares of REC. - The scheme is subject to requisite approvals.

Governance Positive

2026-06-28 22:35

- Board approved the merger of REC into Power Finance Corporation (PFC) with a share exchange ratio of 88 PFC shares for every 100 REC shares. - Also approved raising up to ₹1,40,000 Cr via private placement of NCDs/Debentures, subject to shareholder approval.

Governance Neutral

2026-06-23 20:41

- Board meeting scheduled for June 28, 2026, to consider and approve the Scheme of Merger between REC and Power Finance Corporation Limited. - Trading window closed since May 14, 2026, and remains closed until further orders.

Governance Neutral

2026-06-23 18:54

- REC Limited appointed Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official (Independent) Directors. - Appointments are effective from June 22, 2026, for a period of three months or until further orders.

Business Update Neutral

2026-06-12 18:36

- REC Limited's subsidiary, RECPDCL, has transferred its entire shareholding of Jalna Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited. - The transfer was completed on June 12, 2026, for a consideration of ₹3,21,57,839/- (including taxes). - Jalna Power Transmission Limited is no longer a subsidiary of RECPDCL and REC Limited.

Business Update Positive

2026-06-10 19:10

- Presidential approval received for the proposed merger of REC Limited into Power Finance Corporation Limited (PFC). - The Ministry of Power conveyed the approval on June 10, 2026.

Business Update Positive

2026-05-30 17:17

REC Limited, via its subsidiary RECPDCL, completed the sale and transfer of two project-specific SPVs, Hampapura Power Transmission Limited and Mekhali Power Transmission Limited, on May 30, 2026. Hampapura was transferred to Resonia Limited for ₹86.08 Cr, and Mekhali to Dilip Buildcon Limited for ₹80.60 Cr, following a tariff-based competitive bidding process. These transactions monetize assets and streamline operations.

Governance Neutral

2026-05-17 12:10

REC Limited intimated a change in its Senior Management. Shri Hemant Kumar ceased to be the Chief Compliance Officer on May 17, 2026, upon completing his three-year tenure. Concurrently, Mr. Mohammed Azaz Ali, General Manager (Finance), was appointed as the new Chief Compliance Officer, effective May 17, 2026. Mr. Ali holds a Bachelor's degree in Electronics Engineering and a Master's degree in Business Administration (Finance).

Governance Positive

2026-05-16 17:58

The Board of Directors of REC Limited, in a meeting on May 16, 2026, reserved the proposal for the merger of REC into Power Finance Corporation Limited (PFC). The Board authorized the CMD to seek the President of India's approval for the merger, based on a share exchange ratio to be determined by valuers and maintaining the merged entity's status as a Government Company. Additionally, Mr. Mohammed Azaz Ali was appointed as Chief Compliance Officer from May 17, 2026, until June 30, 2028.

Governance Neutral

2026-05-13 20:00

REC Limited announced a Board Meeting on May 16, 2026, to discuss the potential merger of REC and Power Finance Corporation Limited. The trading window for REC's equity shares and other listed securities will be closed from May 14, 2026, until further orders, in accordance with regulatory requirements.

Business Update Positive

2026-05-09 15:41

REC Limited announced the incorporation of three new Wholly Owned Subsidiary companies of its subsidiary RECPDCL: Bhadla Ramgarh Power Transmission, Lakadia II Power Transmission, and Jam Khambhaliya Jamnagar Power Transmission Limited. These subsidiaries, each with ₹5,00,000 paid-up capital, are formed to act as Bid Process Coordinators for inter-state power transmission projects, including augmentation and integrating power from renewable energy projects in Gujarat, supporting new infrastructure development.

Routine Neutral

2026-05-07 16:00

New Filing detected. See link for details.

Governance Neutral

2026-05-01 14:08

REC Limited informed about the cessation of Smt. Saraswathi as Executive Director of the Company, effective May 1, 2026, due to superannuation.

Governance Neutral

2026-05-01 11:36

Shri Rajiv Ranjan Jha, a Nominee Director representing Power Finance Corporation Limited (PFC) on the Board of REC Limited, has ceased to be a Director of REC effective May 1, 2026. This change is due to his superannuation from the services of PFC on April 30, 2026.

Financials Positive

2026-04-28 15:51

REC's Board approved audited standalone & consolidated financial results for Q4 & FY ended March 31, 2026, with an unmodified audit opinion. A final dividend of ₹1.55 per share was recommended, bringing the total dividend for FY2025-26 to ₹18.55 per share.

Financials Positive

2026-04-28 15:29

REC Limited's Board approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion. A final dividend of ₹1.55 per share was recommended, bringing the total dividend for FY2025-26 to ₹18.55 per share.

Financials Positive

2026-04-28 15:20

The Board of Directors approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. A final dividend of ₹1.55/- per equity share was recommended, bringing the total dividend for FY2025-26 to ₹18.55/- per share.

Financials Neutral

2026-04-23 11:56

Board meeting scheduled for April 28, 2026, to consider and approve audited financial results for the quarter and financial year ended March 31, 2026, and to recommend final dividend for FY2025-26. The trading window remains closed from April 1 to April 30, 2026.

532955

REC Ltd

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