Business Responsibility & Sustainability Report for the financial year 2025-26.

REC Limited I 3lH'~ ~T f~ftl~s (. ....... .....". "" l[iI> ~ "",,)/ (A Government of India Enterprise) Regd. Office: Core-4, SCOPE Complex, 7, Lodhi Road, New Delhi -110003 Corporate Office: Plot No. 1-4, Near IFFCO Chowk Metro Slation, ~ 3N1i. i>ffiI ..;~ Seclor-29, Gurugram - 122001 (Haryana) Endless energy. Infinite possibilities Tel: +91 124 444 1300 I Website: www.recindia.nic.in A MAHARATNA COMPANY CIN L40101DL1969G01005095 I GST No.: 06AAACR4512R3Z3 Dated: July 30, 2026 Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 1st Floor, Phiroze Jeejeebhoy Towers Bandra ast , Mumbai - 400 051. Dalal Street, Fort, Mumbai - 400001. Scri Code-RECLTD Scri Code-532955 Sub: Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the BRSR for the financial year 2025-26, along with Independent Reasonable Assurance Report provided by Mis. Corporate Professionals, New Delhi. The BRSR also forms part of the Annual Report of the Company for the financial year 2025-26, submitted to the stock exchanges vide letter dated July 30, 2026. Thanking you, Yours faithfully, For REC Limited Company Secretary & Compliance Officer Ene!.: As Above Regional Offices: Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata Lucknow, Mumbai, Panch kula, Patna, Raipur, Ranchi, Shillong, Shimla, Thiruvananthapuram & Vijaywada State Offices : Vadodara, Varanasi Training Centre : REC Institute of Power Management & Training (RECIPMT), Hyderabad OUR SUSTAINABILITY STATUTORY FFFIIINNNAAANNNCCCIIIAAALLL STORY STRATEGY DISCLOSURES SSSTTTAAATTTEEEMMMEEENNNTTTSSS ANNEXURE-IV TO BOARD’S REPORT BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L40101DL1969GOI005095 2. Name of the Listed Entity REC Limited 3. Year of incorporation 1969 4. Registered office address Core 4, SCOPE Complex, 7, Lodhi Road, New Delhi-110003 5. Corporate office address REC World Headquarters, Plot no. I-4, Sector 29, Gurugram -122001 6. E-mail complianceofficer@recindia.com 7. Telephone +91-124-444-1300 8. Website https://recindia.com/ 9. Financial year for which reporting is being done April 1, 2025 to March 31, 2026 10. Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) 11. Paid-up Capital ₹2,633.22 crore 12. Name and contact details (telephone, email address) of Shri Rajesh Kumar the person who may be contacted in case of any queries (DIN: 06941428) on the BRSR report Director (Finance) & CFO +91-124-444-1319 df@recindia.com 13. Reporting boundary - Are the disclosures under this report The disclosures are made in this report are on a consolidated basis. made on a standalone basis (i.e., only for the entity) or on a consolidated basis (i.e., for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14. Name of assurance provider M/s Corporate Professionals 15. Type of assurance obtained Reasonable Assurance II. Products/services 16. Details of business activities (accounting for 90% of the turnover): Sl. No. Description of the main activity Description of business activity % of the turnover of the entity 1 Financial and Insurance Service Financial and Credit leasing activities 99.93 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): Sl. No. Product/Service NIC Code % of Total Turnover contributed 1 Other Financial Services and Activities 641906 99.06 - Other Credit Granting III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 0 31 31* International 0 0 0 *This encompasses the REC Corporate Office including our subsidiary and REC regional offices, which are situated in 22 locations throughout the Country. A detailed list of these locations is provided in the Annual Report. Additionally, we have the RECPDCL offices operating in 9 locations across India. 141 57th Annual Report 2025-26 ENERGIZING LIVES EMPOWERING INDIA 19. Markets served by the entity: landscape in India, REC has strategically diversified its portfolio beyond the power sector. This expansion a. Number of locations includes financing for a variety of crucial infrastructure projects such as airports, metro rail systems, major Locations Number roadways and highways, ports and other essential National (No. of States) 28 infrastructure developments that contribute to national International (No. of Countries) 0 economic growth and connectivity. b. What is the contribution of exports as a percentage Key customer segments served by REC include: of the total turnover of the entity? i. Government Entities: This segment encompasses Not Applicable both State Governments and Central/State power utilities, which are the primary recipients of REC's c. A brief on types of customers financial assistance. These entities undertake various power and infrastructure projects that are REC Limited ("REC/the Company"), recognized as vital for public well-being and economic stability. a prominent public sector Non-Banking Financial Company (NBFC) in India, plays an integral role in driving ii. Independent Power Producers (IPPs): REC the nation's Power sector and broader infrastructure recognises the importance of private sector development initiatives. Established to support the involvement in the energy landscape. As such, growing energy and infrastructure demands, REC independent power producers-private companies has developed a comprehensive suite of financial engaged in the generation of electricity-form products tailored to meet the diverse needs of various a significant portion of REC's customer base, stakeholders. These offerings include long-term, benefiting from tailored financing solutions that medium-term and short-term loans specifically designed enable project initiation and execution. to finance a wide range of projects, encompassing both conventional and renewable energy sources, as well as iii. Private Sector Borrowers: This category the critical infrastructure for power transmission and includes a broad spectrum of private enterprises distribution. participating in infrastructure and power projects, showcasing REC's commitment to fostering In alignment with India’s commitment to expanding partnerships with diverse stakeholders to enhance access to electricity, REC actively supports rural overall infrastructure development. electrification projects, which are essential for improving the quality of life and economic opportunities in In summary, REC serves as a pivotal financial backbone underserved communities. Additionally, the Company for India's power and infrastructure sectors. By delivering is at the forefront of financing the development of essential funding and support across a wide array of e-mobility infrastructure, crucial for facilitating the clients and projects, it plays a crucial role in spurring transition towards sustainable transport solutions. economic growth and helps the nation to achieve its sustainability goals. Recognizing the dynamic and growing infrastructure IV. Employees 20. Details as at the end of the Financial Year: a. Employees and workers (including differently abled): Male Female Sl. No. Particulars Total (A) No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1. Permanent (D) 590* 503 85.25 87 14.75 2. Other than Permanent (E) 623 548 87.96 75 12.04 3. Total employees (D + E) 1,213 1,051 86.64 162 13.36 WORKERS 4. Permanent (F) 5. Other than Permanent (G) Not Applicable 6. Total workers (F + G) *One employee who is on deputation is included i [Showing first 8,000 characters — download PDF for full document]