REC Ltd. News, Corporate filings and Earnings/Conference Calls

Keep track of all breaking news and updates on REC Ltd. from all sources in a single place.

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REC Ltd.

28 Oct 2022

389.50

-3.05%

Company Update

REC Ltd - 532955 - Submission Of Requisite Documents For Claiming Exemption From TDS Or Deduction …

BSE India

This is in furtherance of our earlier letter dated October 27, 2022 inter-alia intimating about declaration of interim dividend @ ?5/- per equity share of ?10/- each for the financial year 2022-23. The record date for the said interim dividend is Wednesday, November 9, 2022. In this regard, it is pertinent to mention that dividend income is taxable in the hands of shareholders and the Company is required to deduct tax at source (TDS) at the time of making payment of dividends, at the rates prescribed in the Income Tax Act, 1961. Accordingly, it is brought to the notice of shareholders to submit scanned copy of PAN, Form 15G/15H & other requisite documents for the financial year 2022-23, unless already submitted, on or before November 9, 2022 through e-mail at email IDs mentioned in the attached announcement.

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REC Ltd.

27 Oct 2022

389.50

-3.05%

REC declares dividend of 5 per share, fixes record date

livemint

The company has fixed November 9 as the record date and November 24 as the payment day

REC Ltd. is trading at high day volume of 38.6M.

REC Consolidated September 2022 Net Sales at Rs 9,955.99 crore, down 0.92% Y-o-Y

Moneycontrol | 27 Oct 2022 2 more

REC Ltd.

27 Oct 2022

389.50

-3.05%

Corp. Action

REC Ltd - 532955 - Record Date For Interim Dividend For FY 2022-23

BSE India

The Board of Directors of REC Limited in its meeting held on October 27, 2022 approved payment of interim dividend @ ?5/- per equity share for FY 2022-23. Further, the record date for the said interim dividend is Wednesday, November 9, 2022 and the said interim dividend shall be paid/dispatched on Thursday, November 24, 2022.

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REC Ltd.

27 Oct 2022

389.50

-3.05%

Corp. Action

REC Ltd - 532955 - Corporate Action-Board approves Dividend

BSE India

The Board of Directors of REC Limited in its meeting held on October 27, 2022 declared of interim dividend @ ?5/- per equity share for FY 2022-23. Further, the record date for the said interim dividend is Wednesday, November 9, 2022 and the said interim dividend shall be paid/dispatched on Thursday, November 24, 2022.

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REC Ltd.

27 Oct 2022

389.50

-3.05%

Result

REC Ltd - 532955 - Outcome Of Board Meeting - Submission Of Unaudited Financial Results (Standalone …

BSE India

The Board of Directors of REC Limited in its meeting held on October 27, 2022 approved the following proposals:- (i) Unaudited financial results (standalone & consolidated) of the Company for the quarter ended September 30, 2022; (ii) Declaration of interim dividend @ ?5/- per equity share for FY 2022-23. Further, the record date for the said interim dividend is Wednesday, November 9, 2022 and the said interim dividend shall be paid/dispatched on Thursday, November 24, 2022; (iii) Appointment of Ms. Malathi Sundararajan, ED (F&A) as Chief Risk Officer (CRO), with effect from January 1, 2023 till the date of her superannuation i.e. November 30, 2024, in place of Shri Vijay Kumar; (iv) Sale and transfer of SPV:- Sale and transfer of 50,000 equity shares of Gadag II-A Transmission Limited held by REC Power Development and Consultancy Limited to ReNew Transmission Ventures Private Limited.

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REC Ltd.

21 Oct 2022

389.50

-3.05%

REC inks 14,434-cr loan agreement with MMRDA

Business Line

The agreement was signed between the Maharatna CPSU and MMRDA in the presence of Maharashtra Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis in Mumbai

Number of FII/FPI investors decreased from 968 to 944 in Mar 2025 qtr

REC signs 30,483 cr loan pact for 9 metro projects in Mumbai

livemint | 21 Oct 2022

REC Ltd.

21 Oct 2022

389.50

-3.05%

Company Update

REC Ltd - 532955 - REC Ltd reply to clarification sought by the exchange

BSE India

The Exchange had sought clarification from REC Ltd with respect to news article appearing on https://www.business-standard.com dated October 20, 2022 (Link:https://www.business-standard.com/article/companies/rec-pfc-to-provide-rs-8-520-crore-finance-for-buxar-thermal-power-plant-122101900908_1.html) titled "REC, PFC to provide Rs 8,520 crore finance for Buxar thermal power plant".REC Ltd response is enclosed.

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REC Ltd.

20 Oct 2022

389.50

-3.05%

Company Update

REC Ltd - 532955 - Clarification sought from REC Ltd

BSE India

The Exchange has sought clarification from REC Ltd with respect to news article appearing on https://www.business-standard.com dated October 20, 2022 (Link:https://www.business-standard.com/article/companies/rec-pfc-to-provide-rs-8-520-crore-finance-for-buxar-thermal-power-plant-122101900908_1.html) titled "REC, PFC to provide Rs 8,520 crore finance for Buxar thermal power plant".The reply is awaited.

REC Ltd.

20 Oct 2022

389.50

-3.05%

Board Meeting

REC Ltd - 532955 - Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of …

BSE India

REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2022 ,inter alia, to consider and approve unaudited financial results (standalone & consolidated) of the Company for the quarter ended September 30, 2022 and declare interim dividend for the financial year 2022-23, if any.

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REC Ltd.

20 Oct 2022

389.50

-3.05%

REC, PFC to provide Rs 8,520 crore finance for Buxar thermal power plant

Business Standard

State-owned REC Ltd and Power Finance Corporation have inked a pact to provide Rs 8,520.92 crore finance for setting up a 1,320 MW thermal power plant at Buxar by SJVN Thermal Private Ltd. "REC Limited and Power Finance Corporation Limited (PFC) - Maharatna CPSEs under the ministry of power -- have signed a memorandum of loan agreement with SJVN Thermal Private Ltd (STPL) for financing 2x660 MW coal based Buxar Thermal Power Plant (BTPP)," a company statement said. According to the statement, the total estimated project cost is Rs 12,172.74 crore with debt requirement of Rs 8,520.92 crore. As per the agreement, the debt requirement shall be financed by REC and PFC. The agreement was signed in the presence of R S Dhillon, CMD PFC, N L Sharma, CMD SJVN, Ajoy Choudhury, Director (Finance) REC, and V K Singh, Director (Technical) - REC, and other senior officials. Vivek Kumar Dewangan, CMD REC, said in the statement that this is a great partnership for the development of the power