Disclosure under SEBI Takeover Regulations

REC Limited announced a disclosure from its promoter, Power Finance Corporation Ltd. (PFC), under Regulation 31(4) of the SEBI Takeover Regulations. PFC declared that it, along with persons acting in concert, has not encumbered (pledged) any shares of REC Limited, directly or indirectly, for the financial year 2025-26. This announcement indicates that the promoter's shareholding in REC remains unpledged, which can be viewed positively by investors as a sign of financial stability and promoter confidence in the company.