REC Limited

REC Limited

REC Limited has informed the transfer of two project-specific subsidiaries, Jam Khambhaliya Jamnagar Power Transmission Limited and Lakadia II Power Transmission Limited, to successful bidders through a tariff-based competitive bidding process.

REC Limited

REC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.

REC Limited

REC Limited has incorporated three wholly owned subsidiaries, Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited, for the purpose of transmission projects.

REC Limited

REC Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window has been closed since May 14, 2026, and will remain closed until further orders.

REC Limited

REC Limited's Board comments on fine levied by Exchanges, citing non-compliance with Board composition requirements. The Board seeks expedited appointment of Independent Directors and requests waiver of fines, citing administrative Ministry's role in Director appointments.

REC Limited

REC Limited has sold its project-specific subsidiary, Balsane Power Transmission Limited, to Resonia Limited for ₹5,59,19,024, inclusive of taxes, professional fees, and reimbursement of expenses. The sale is not a related party transaction and is in accordance with the Ministry of Power's guidelines.

REC Limited

REC Limited has sold its subsidiary, Ranipur Chunar Power Transmission Limited, to H G Infra Engineering for ₹1,88,49,228. The sale is not a related party transaction and is in accordance with the Ministry of Power's guidelines.

REC Limited

REC Limited has intimated the sale and transfer of two project-specific subsidiaries, Barmer HVDC Power Transmission Limited and Sakoli Power Transmission Limited, to successful bidders selected through a tariff-based competitive bidding process. The consideration for the sale and transfer is determined in accordance with the Guidelines issued by the Ministry of Power, Government of India.

REC Limited

REC Limited has informed the Exchange regarding Change in Director(s) of the company, with the tenure of two Independent Directors ending on September 21, 2026.

REC Limited

REC Limited has announced a change in senior management with the appointment of Ms. Isha Duhan, an IAS officer from UP Cadre (2014 Batch), as Executive Director of the company, effective September 10, 2026.

REC Limited

REC Limited has sold and transferred its project-specific SPV/subsidiary, Musalgaon Power Transmission Limited, to the successful bidder, Maharashtra State Electricity Transmission Company Limited, for ₹20,89,930 (including taxes). The transaction does not fall within the purview of related party transactions and is not in the nature of a slump sale.

REC Limited

REC Limited has informed the Exchange regarding the appointment of new statutory auditors for the financial year 2026-27.

REC Limited

REC Limited has successfully issued India's first pilot issue on tokenized corporate bonds under the SEBI Regulatory Sandbox Framework, with a book building of ₹796 crore and an oversubscription of 8 times.

REC Limited

REC Limited's credit rating has been revised to 'A-' with a stable outlook by Japan Credit Rating Agency, Ltd. (JCR) from 'BBB+' with a stable outlook.

REC Limited

REC Limited declared the voting results of its 57th Annual General Meeting, which was held on August 25, 2026. The meeting was conducted through video conferencing, and the e-voting facility was provided to the shareholders. The resolutions proposed in the notice of the meeting were approved and passed by the shareholders with the requisite majority.

REC Limited

REC Limited has received notices from NSE and BSE regarding non-compliance with certain provisions of the Listing Regulations, resulting in a fine of ₹10,77,340 each from both exchanges.

REC Limited

The 57th Annual General Meeting of REC Limited was held on August 25, 2026, through video conferencing. The meeting was attended by the Chairman, Directors, and shareholders. The Chairman addressed the shareholders and presented the company's performance, ESG report, and other updates.

REC Limited

REC Limited has informed the exchange about the incorporation of two subsidiary companies, Vikramshila Power Transmission Limited and Alkud II Power Transmission Limited, as wholly owned subsidiaries of REC Power Development and Consultancy Limited.

REC Limited

REC Limited has sold its subsidiary Luhri Power Transmission Limited to Terralight Solar Energy Private Limited for ₹12.61 crores, with the transaction completed on August 21, 2026.

REC Limited

REC Limited has sold its subsidiary Vizag Power Transmission Limited to Adani Energy Solutions for ₹65.97 crore, with the transaction completed on August 14, 2026.