General Updates

3lRlW REC Limited I 3nrt~r f~ftt~s (1fffiI ~ <liT 1;[iI> ~ 'fOl!)/(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 Station, mftfI«; ~, 31'Rl <i~ Sector-29 , Gurugram - 122001 (Haryana ) Endless energy. Infinite possibilities. Tel: +91 124 444 1300 I Website: www.recindia.nic.in A MAHARATNA COMPANY CIN L40101DL1969GOI005095 I GST No.: 06AAACR4512R3Z3 2026 Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, pt Floor, Phiroze Jeejeebhoy Towers Bandra (East), Mumbai - 400051. Dalal Street, Fort, Mumbai - 400001. Scri Code-RECLTD Scri Code-532955 Sub: Intimation of incorporation of subsidiary companies. Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the following two subsidiary companies have been incorporated as Wholly Owned Subsidiary ofREC Power Development and Consultancy Limited ("RECPDCL"- a Wholly Owned Subsidiary of REC Limited): 1) Vikramshila Power Transmission Limited (CIN: U42202DL2026GOI469895) 2) Alkud II Power Transmission Limited (CIN: U42202DL2026GOI469906) The said companies are also subsidiary companies 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 Encl.: As above. Regional Offices: Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata Lucknow, Mumbai, Panchkula, Patna, Raipur, Ranchi, Shillong, Shimla, Thiruvananthapuram & Vijaywada State Offices : Vadodara, Varanasi Training Centre : REC Institute of Power Management & Training (RECIPMT), Hyderabad Annexure -1 Incorporation of Wholly Owned Subsidiary Companies S1. I Particulars Vikramshila Power Transmission Limited Alkud IT Power Transmission Limited 1. I Name of the target entity, Name: Vikramshila Power Transmission Limited Name: Alkud II Power Transmission Limited details in brief such as size, Authorized Capital: ~5 ,00,0001- Authorized Capital: ~5,00,000I- turnover etc. Paid up Capital: ~5 ,00,0001- Paid up Capital: ~5 ,00,0001- Turnover: Not Applicable (It is a newly incorporated Turnover: Not Applicable (It is a newly incorporated Company and is yet to commence its business). Company and is yet to commence its business). Government of Bihar, vide its Gazette Notification dated Government of Maharashtra, vide its Gazette May 7, 2026 had allocated one intra-state transmission Notification dated July 10,2026 had allocated one intra project, wherein REC Power Development and state transmission project, wherein REC Power Consultancy Limited (RECPDCL) has been appointed Development and Consultancy Limited (RECPDCL) to act as Bid Process Coordinator (BPC) for the purpose has been appointed to act as Bid Process Coordinator of Evacuation of Power- from 3x800 MW STPP (BPC) for the purpose of Establishment of 765/4001220 Pirpainti. kV AIS Alkud-II/Jath (Dist. Sangli). In view of the above, Vikramshila Power Transmission In view of the above, Alkud II Power Transmission Limited has been incorporated on August 24, 2026 Limited has been incorporated on August 25, 2026. (Certificate of Incorporation received on August 25, After selection of the successful bidder in accordance 2026). After selection of the successful bidder in with the Tariff Based Competitive Bidding (TBCB) accordance with the Tariff Based Competitive Bidding guidelines, said company would be transferred to the (TBCB) guidelines, said company would be transferred successful bidder along with all assets & liabilities. to the successful bidder along with all assets & liabilities. 2. Whether the acqulSltlOn Vikramshila Power Transmission Limited is a Wholly Alkud II Power Transmission Limited is a Wholly would fall within related Owned Subsidiary of RECPDCL, therefore it is a related Owned Subsidiary of RECPDCL, therefore it is a party transaction(s) and party of the REC Limited. related party of the REC Limited. whether the promoter1 promoter group/ group The Promoter, promoter groupl group companies do not The Promoter, promoter groupl group companies do companies have any interest have any interest in Vikramshila Power Transmission not have any interest in Alkud II Power Transmission in the entity being acquired? Limited except to the extent of its shareholding. 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 3. Industry to which the entity Power Sector Power Sector being acquired belongs 4. Objects and effects of The Company has been incorporated for Evacuation of The Company has been incorporated for Establishment acquisition (including but not Power from 3x800 MW STPP Pirpainti. of 765/4001220 kV AIS Alkud-II/Jath (Dist. Sangli). limited to, disclosure of reasons for acquisition of target entity, if its business is outside the mam line of business of the listed entity) 5. Brief details of any Incorporated pursuant to Gazette Notification dated Incorporated pursuant to Gazette Notification dated governmental or regulatory May 7, 2026 issued by Government of Bihar, wherein July 10, 2026 issued by Government of Maharashtra, approvals required for the RECPDCL has been nominated as BPC. wherein RECPDCL has been nominated as BPC. acquisition 6. Indicative time period for Not Applicable Not Applicable completion of the acquisition 7. Nature of consideration - 100% sUbscription to the equity share capital in cash 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 100% sUbscription to the equity share at face value price at which the shares are acquired 9. Percentage of shareholding 1 100% 100% control acquired and 1 or number of shares acquired 10. Brief background about the RECPDCL inter-alia acts as the "BPC" for selection of RECPDCL inter-alia acts as the "BPC" for selection of entity acquired in terms of Transmission Service Provider through TBCB process, Transmission Service Provider through TBCB process, products/line of business for independent inter-state and intra-state transmission for independent inter-state and intra-state transmission acquired, date of project assigned by the Ministry of Power and State project assigned by the Ministry of Power and State incorporation, history of last Governments from time to time. Governments from time to time. 3 years turnover, country in which the acquired entity has presence and any other significant information (in ~rief) ******