REC Ltd (RECLTD) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by REC Ltd on NSE and BSE, with an AI summary of each filing.
Intimation regarding change in Senior Management.
Change in Management · 31 Oct 2026, 3:32 pm
REC Limited Announces Senior Management Cessation of Executive Director J.K. Nayak REC Limited announced a senior management change following the cessation of Shri J.K. Nayak as Executive Director, effective 30th Oct'26 (afternoon). The cessation follows his appointment as Chairman & Managing Director of Indian Renewable Energy Development Agency Limited (IREDA).
Intimation of incorporation of subsidiary company.
Others (Uncategorized) · 30 Oct 2026, 7:02 pm
REC Arm Incorporates Zanskar Renewable Energy for Ladakh Solar-BESS Project REC Limited's wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), incorporated Zanskar Renewable Energy Limited on 29th Oct'26 with authorized and paid-up capital of ₹5,00,000. Acting as the Bid Process Coordinator, RECPDCL established the special purpose vehicle to develop a 140 MWp Solar plus 400 MWh BESS plant at Karsha Village, Ladakh. Following tariff-based competitive bidding, 100% equity in the entity will be transferred to the selected bidder alongside all project assets and liabilities.
Intimation of audio recording of Investors Conference Call.
Audio / Video · 30 Oct 2026, 12:06 am
REC Limited Releases Audio Recording of Investors Conference Call Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, REC Limited has made available the audio recording of its Investors Conference Call (Group Meet) held on 29th Oct'26. The recording has been uploaded to the company's official website following its prior intimation dated 26th Oct'26.
Intimation of Investors Conference Call on Thursday, October 29, 2026.
Intimation · 27 Oct 2026, 4:19 am
REC Schedules Q2 & H1FY27 Earnings Conference Call for 29th Oct'26 REC Limited will host an earnings conference call for investors and analysts on 29th Oct'26 at 13:00 IST to discuss its financial performance for the quarter and half-year ended 30th Sep'26 (Q2 & H1FY27). The call, hosted in coordination with Equirus Securities, will feature top management including Chairman & Managing Director Jitendra Srivastava, Director (Finance) Rajesh Kumar, Director (Projects) T S C Bosh, and ED (Finance) Mohan Lal Kumawat. An audio recording and transcript will be published on the company's website post-call.
Outcome of Board Meeting held on October 26, 2026.
Financial Result · 26 Oct 2026, 10:18 pm
Record Date of 2nd Interim Dividend for the financial year 2026-27.
Dividend · 26 Oct 2026, 10:13 pm
REC Declares Second Interim Dividend for FY27 REC Limited declared a second interim dividend of ₹3.50 per equity share (face value ₹10) for FY26-27. The company fixed Friday, 30th Oct'26, as the record date to determine shareholder eligibility for the payout. The interim dividend will be paid electronically on or before 21st Nov'26 to eligible beneficial owners. This follows a previously paid first interim dividend of ₹4.25 per share for the fiscal year.
Outcome of Board Meeting held on October 26, 2026.
Outcome · 26 Oct 2026, 10:07 pm
Outcome of Board Meeting held on October 26, 2026.
Outcome · 26 Oct 2026, 10:07 pm
REC Limited Q2 FY27 Financial Results and Interim Dividend Declaration REC Limited reported standalone net profit of ₹3,391.18 crore for the quarter ended 30th Sep'26, compared to ₹4,425.86 crore in the year-ago period, with total revenue from operations at ₹14,727.69 crore. Consolidated PAT stood at ₹3,477.73 crore. Total loan assets expanded to ₹6.17 lakh crore, supported by 27% YoY growth in renewable portfolio to ₹86,660 crore. Net NPA reached 0.11% with CRAR robust at 24.04%. The board declared a second interim dividend of ₹3.50 per share (record date: 30th Oct'26, payment by 21st Nov'26).
Intimation of incorporation of subsidiary companies.
Others (Uncategorized) · 24 Oct 2026, 3:35 am
REC Incorprates Three Power Transmission Project SPVs via Subsidiary RECPDCL REC Limited announced that its wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), incorporated three new wholly owned project-specific SPVs on 23rd Oct'26: Bikaner V Part D Power Transmission Limited, Bikaner V Part C Power Transmission Limited, and YEIDA Power Transmission Limited. Each entity has an authorized and paid-up capital of ₹5,00,000 (100% cash subscription at face value). Acting as Bid Process Coordinator, RECPDCL will transfer these entities along with all assets and liabilities to successful bidders selected via the Tariff-Based Competitive Bidding process.
REC LIMITED has informed the Exchange about Board Meeting to be held on 26-Oct-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
Intimation · 26 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026 and 2nd Interim Dividend for the financial year 2026-27, if any.
Intimation · 26 Oct 2026, 5:30 am
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve financial results for the quarter and half ....
Intimation · 26 Oct 2026, 5:30 am
REC Limited Board Meeting Scheduled for Results and Interim Dividend Consideration REC Limited’s Board of Directors will meet on 26th Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half year ended 30th Sep'26. The board will also consider the declaration of a 2nd interim dividend for FY27, if any. The company noted that its trading window for designated persons has been closed since 14th May'26 and will remain closed until further orders.
Intimation of reciept of NOC from NSE and BSE in relation to proposed scheme of merger of REC Limited with and into Power Finance Corporation Limited.
Others (Uncategorized) · 20 Oct 2026, 4:54 am
REC Receives Stock Exchange No-Objection Letters for PFC Merger REC Limited received No Objection Letters from BSE and NSE on 19th Oct'26 regarding its proposed merger into Power Finance Corporation Limited (PFC) under Sections 230–232 of the Companies Act, 2013. The observation letters are valid for six months to file the scheme with NCLT. Effectiveness remains subject to pending RBI approval, settlement of outstanding dues, compliance with SEBI observation comments, and necessary approvals from NCLT, shareholders, and creditors. Any change in share exchange ratio from additional securities issued to the Government requires exchange and SEBI consent.
Intimation of sale and transfer of project specific SPV/Subsidiary.
Others (Uncategorized) · 16 Oct 2026, 11:44 pm
REC Transfers Transmission SPV to Shivalaya Construction for Rs 18.45 Crore REC Limited's wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), completed the sale and transfer of its entire 100% equity stake (50,000 shares) in Nawada Durgapur Power Transmission Limited to Shivalaya Construction Limited on 16th Oct'26. The transaction was executed via tariff-based competitive bidding for a total consideration of Rs 18.45 crore, inclusive of professional fees, taxes, and expense reimbursements. The SPV contributed negligible turnover and net worth to REC, and the non-slump sale transaction does not fall under related-party purview.
Intimation of reciept of No Objection Certificate from the Reserve Bank of India in relation to proposed scheme of merger.
Others (Uncategorized) · 16 Oct 2026, 4:07 am
REC Limited Receives RBI No Objection Certificate for Merger with Power Finance Corporation REC Limited has received a No Objection Certificate (NOC) from the Reserve Bank of India on 15th Oct'26 for its proposed merger into Power Finance Corporation Limited. This follows prior board approvals from both companies on 28th Jun'26 under Sections 230-232 of the Companies Act, 2013. The completion of the scheme remains subject to pending statutory and regulatory clearances, as well as final approvals from respective shareholders and creditors.
Intimation of sale and transfer of project specific SPVs/Subsidiaries.
Others (Uncategorized) · 12 Oct 2026, 11:53 pm
REC Limited Divests Two Transmission SPVs via Wholly Owned Subsidiary RECPDCL REC Limited's wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), completed the sale and transfer of its entire 100% equity stake (50,000 shares each) in two project-specific SPVs on 12th Oct'26 following tariff-based competitive bidding. Jam Khambhaliya Jamnagar Power Transmission Limited was transferred to Ceigall India Limited for Rs 18.40 crore, while Lakadia II Power Transmission Limited was divested to Power Grid Corporation of India Limited for Rs 18.43 crore. Both entities contributed negligible revenue and net worth to REC.
Intimation of incorporation of subsidiary companies.
Others (Uncategorized) · 06 Oct 2026, 6:24 pm
REC Incorporates Three Wholly Owned Transmission Subsidiaries via RECPDCL REC Limited announced that its subsidiary, REC Power Development and Consultancy Limited (RECPDCL), incorporated three wholly owned subsidiaries on 5th Oct'26: Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited. Each entity has an authorized and paid-up capital of ₹5,00,000 acquired in cash at face value. Incorporated to execute inter-state and intra-state transmission schemes, these project-specific entities will ultimately be transferred to successful bidders selected via the Tariff Based Competitive Bidding mechanism.
Board commnets on fine levied by the Exchanges.
Others (Uncategorized) · 29 Sept 2026, 12:00 am
REC Requests Stock Exchange Fine Waiver Over Board Composition Non-Compliance REC Limited addressed fines of ₹10,77,340 (including 18% GST) levied separately by NSE and BSE on 25th Aug'26 for non-compliance with SEBI LODR regulations regarding Board and Committee compositions during the quarter ended 30th Jun'26. At its meeting on 19th Sep'26, the Board resolved to follow up with the Ministry of Power to expedite appointing requisite Independent Directors. REC requested a full waiver of the fines, clarifying that as a Government Company, director appointments rest solely with the Government of India.
Intimation of sale and transfer of project specific SPV/Subsidiary.
Others (Uncategorized) · 28 Sept 2026, 10:43 pm
REC Subsidiary Divests Entire Stake in Balsane Power Transmission to Resonia REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, transferred its entire shareholding of 50,000 equity shares in Balsane Power Transmission Limited to successful bidder Resonia Limited on 28th Sep'26. The transaction follows a tariff-based competitive bidding process for a total consideration of ₹5,59,19,024 (including taxes, professional fees, and expense reimbursements). Consequently, Balsane Power Transmission ceases to be a subsidiary of RECPDCL and REC Limited. The unit contributed negligible revenue and net worth to the company.
Intimation of sale and transfer of project specific SPV/ Subsidiary.
Others (Uncategorized) · 26 Sept 2026, 9:24 pm
REC Limited Transfers Project SPV to H.G. Infra Engineering REC Limited's wholly-owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), completed the sale and transfer of its entire 100% shareholding (50,000 equity shares) in Ranipur Chunar Power Transmission Limited to H.G. Infra Engineering Limited on 26th Sep'26. Selected via tariff-based competitive bidding, the buyer acquired the SPV along with all assets and liabilities for a total consideration of ₹1.88 crore, inclusive of professional fees, taxes, and expense reimbursements. The SPV contributed negligible turnover and net worth to REC Limited during the last financial year.
Intimation of sale and transfer of project specific SPVs/Subsidiaries.
Others (Uncategorized) · 23 Sept 2026, 11:29 pm
REC Arm Transfers Two Transmission SPVs to Power Grid and Ashoka Buildcon REC Limited’s wholly-owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), transferred its entire 100% equity stake (50,000 shares each) in two transmission SPVs on 23rd Sep'26 via tariff-based competitive bidding. Barmer HVDC Power Transmission Limited was transferred to Power Grid Corporation of India for an aggregate consideration of ₹18.98 crore, while Sakoli Power Transmission Limited was transferred to Ashoka Buildcon Limited for ₹3.06 crore. Both entities contributed negligible revenue and net worth to REC Limited, and the non-slump sale transactions involve no related parties.
Intimation regarding completion of tenure of Independent Directors of REC Limited.
Change in Management · 22 Sept 2026, 6:54 pm
REC Limited Announces Completion of Tenure of Two Independent Directors REC Limited announced that the three-month tenure of Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official (Independent) Directors concluded on 21st Sep'26, in accordance with the Ministry of Power's order dated 22nd Jun'26. Consequently, both individuals ceased to be Directors on the company's Board effective 22nd Sep'26.
Intimation regarding change in Senior Management.
Change in Management · 11 Sept 2026, 12:20 am
REC Limited Appoints Ms. Isha Duhan as Executive Director REC Limited announced the appointment of Ms. Isha Duhan, IAS (UP Cadre, 2014 Batch), as Executive Director, effective 10th Sep'26. The appointment falls within the Senior Management level, one tier below the Board of Directors. Ms. Duhan previously served as Managing Director in the Sugar Industries & Cane Development Department. She holds a Bachelor's degree in Biotechnology from Thapar University and a Master's degree in Gender Development Studies from IGNOU. The company confirmed no inter-se relationship between Ms. Duhan and any existing directors.
Intimation of sale and transfer of project specific SPV/ Subsidiary.
Others (Uncategorized) · 09 Sept 2026, 11:24 pm
REC Subsidiary Divests Musalgaon Power Transmission to MSETCL REC Limited's wholly owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL), transferred its entire 100% equity stake (50,000 shares) along with all assets and liabilities in Musalgaon Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited on 9th Sep'26. The transaction was executed via tariff-based competitive bidding for an aggregate consideration of ₹2.21 cr (including taxes, professional fees, and expense reimbursements). The divested project-specific SPV had negligible revenue and net worth contribution, and the buyer does not belong to the promoter group.
Intimation regarding appointment of Statutory Auditors of REC Limited.
Change in Auditor · 09 Sept 2026, 12:30 am
REC Limited Appoints Statutory Auditors for FY27 via C&AG Order The Comptroller and Auditor General (C&AG) of India, pursuant to Section 139 of the Companies Act, 2013, has appointed M/s. G. S. Mathur & Co. and M/s. S. K. Mehta & Co. as joint Statutory Auditors of REC Limited for FY27, communicated via letter dated 7th Sep'26. Both New Delhi-based Chartered Accountancy firms bring extensive multi-sector experience across listed and unlisted entities in banking, power, insurance, and financial services.