General Updates

R 3m"lm I ttl REC Limited 3l1r~ fFlf-q~s W REC (1ff«f ~ <til '\f<li 'mWI \mlf)/ (A Government of India Enterprise) Regd. Office: Core-4, SCOPE Complex. 7, Loohi Road, New Delhi -110003 Corporate Office: Plot No. 1-4, Near IFFCO Chowk Metro Station, ~lWIi. ~~~ Se ctor- 29 . Gurugram - 122 001 (Haryana ) Endless energy Infinite possibilities Tel: +91 124 444 1300 I Website: www.recindia.niC,ln A MAHARATNA COMPANY GIN L4Q1Q1DL1969GOI005095 I GST No.: 06AAACR4S12R3Z3 SEC-1I187(2)12026/ 2.-"f ~O Dated: July 30, 2026 Listing Department Corporate Relationship Department National Stock Exchange ofIndia Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 1" Floor, Phiroze Jeejeebhoy Towers Bandra ast , M umbai - 400 051. Dalal Street, Fort, Mumbai - 400 001. Scri Code-RECLTD Scri Code-532955 Sub: Intimation of incorporation of subsidiary company. Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Kukshi AIirajpur Transmission Limited (CIN: U42202DL2026G0I469052) has been incorporated as Wholly Owned Subsidiary of REC Power Development and Consultancy Limited ("RECPDCL"- a Wholly Owned Subsidiary ofREC Limited). The said company is also subsidiary company of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013. The other requisite details are attached herewith as Annexure-I. Thanking you, Yours faithfully, For REC Limited (Dinesh Garg) Company Secretary & Compliance Officer Enc!.: As Above Regional Offices: Bengaluru, Bhopal, Bhubaneswar, Chennai, Oehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata Lucknow, Mumbai, Panchkula, Patna, Raipur, Ranchi, Shillong, Shim la, Thiruvananthapuram & Vijaywada State Offices : Vadodara, Varanas; Training Centre : REC Institute of Power Management & Training (RECIPMT), Hyderabad Annexure-l Incorporation of Wholly Owned Subsidiary named "Kukshi Alirajpur Transmission Limited" Sl. Particulars Details 1. N arne of the target entity, Name: Kukshi Alirajpur Transmission Limited details in brief such as size, Authorized Capital: ~ 5,00,000/ - turnover etc. Paid up Capital: ~5,00,000/- Turnover: Not Applicable (It is a newly incorporated Company and is yet to commence its business). Government of Madhya Pradesh, vide its Order dated February 9, 2026 had allocated one intra-state transmission project, wherein REC Power Development and Consultancy Limited (RECPDCL) has been appointed to act as Bid Process Coordinator (BPC) for the purpose of Strengthening of Intra-state transmission system in Kukshi / Alirajpur area by the establishment of new EHV Substations & associated transmission lines. In view of the above, Kukshi Alirajpur Transmission Limited has been incorporated on July 29, 2026. After selection of the successful bidder in accordance with the Tariff Based Competitive Bidding (TBCB) guidelines, said company would be transferred to the successful bidder along with all assets & liabilities. 2. Whether the acquisition Kukshi Alirajpur Transmission Limited is a Wholly would fall within related Owned Subsidiary of RECPDCL, therefore it is a party transaction( s) and related party of the REC Limited. whether the promoter / promoter group/ group The Promoter, promoter group/group companies do companies have any interest not have any interest In Kukshi Alirajpur in the entity being acquired? Transmission Limited except to the extent of its shareholding. If yes, nature of interest and details thereof and whether the same is done at "arm's length" 3. Industry to which the entity Power Sector being acquired belongs 4. Objects and effects of The Company has been incorporated for acquisition (including but Strengthening of Intra-state transmission system in not limited to, disclosure of Kukshi / Alirajpur area by the establishment of new reasons for acquisition of EHV Substations & associated transmission lines. target entity, if its business is outside the main line of business of the listed entity) 5. Brief details of any Incorporated pursuant to Order dated February 9, governmental or regulatory 2026 issued by Government of Madhya Pradesh, approvals required for the wherein RECPDCL has been nominated as BPC. acquisition 6. Indicative time period for Not Applicable completion of the acquisition 7. Nature of consideration - 100% subscription to the equity share capital in cash. whether cash consideration or share swap and details of the same 8. Cost of acquisition or the 100% subscription to the equity share at face value. price at which the shares are acquired 9. Percentage of shareholding 100% / control acquired and / or number of shares ac_quired 10. Brief background about the RECPDCL inter-alia acts as the "BPC" for selection entity acquired in terms of of Transmission Service Provider through TBCB products/line of business process, for independent inter-state and intra-state acquired, date of transmission project assigned by the Ministry of incorporation, history of last Power and State Governments from time to time. 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) *****