The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said. Finance Minister Nirmala Sitharaman had in FY27 Budget announced restructuring of Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) to help achieve scale and improve efficiency in the public sector NBFC space. "The government would like to retain a majority stake in the merged entity as it would be the largest government-owned NBFC with strategic presence. Discussions are going on over the options to ensure that government stake in the merged entity does not fall below 51 per cent," the official said. As per Companies Act, a 'government company' is one in which not less than 51 per cent of the paid-up share capital is held by the central government, or by any state government, and includes a company that is a subsidiary company of such a...

REC Ltd. is trading below its 150 day SMA of 358.8

REC Ltd.

07 Apr 2026

352.65

1.63%

Company Update

REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Change in Directorate

BSE India

Intimation regarding change in Board of Directors of REC Limited.

pdf

REC Ltd.

06 Apr 2026

352.65

1.63%

Company Update

REC Ltd - 532955 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

BSE India

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

pdf

REC Ltd.

02 Apr 2026

352.65

1.63%

Company Update

REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Change in Directorate

BSE India

Intimation regarding change in Board of Directors of REC Limited.

pdf

REC Ltd.

01 Apr 2026

352.65

1.63%

Company Update

REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Change in Directorate

BSE India

Intimation regarding change in Board of Directors of REC Limited.

pdf

REC Ltd.

25 Mar 2026

352.65

1.63%

SAST

REC Ltd - 532955 - Closure of Trading Window

BSE India

Intimation of closure of Trading Window.

pdf

REC Ltd.

25 Mar 2026

352.65

1.63%

REC board approves 1.6 trillion market borrowing programme for FY27

Business Standard

State-owned REC Ltd on Wednesday said its board has approved market borrowings of Rs 1.6 lakh crore for the fiscal 2026-27 at a meeting held on March 25. According to a regulatory filing, the market borrowings of Rs 1,60,000 crore includes raising up to Rs 1,40,000 crore through the issuance of capital gains tax exemption bonds, domestic debentures as well as rupee term loans, and external commercial borrowings. The market borrowings also fund raising up to Rs 10,000 each from short term loans and commercial papers. Funds under the borrowing programme shall be raised for different maturities, through different instruments, depending upon the actual requirement of funds, asset-liability position and prevailing market conditions, with the approval of Competent Authority as per the powers delegated in this regard by the Board of Directors, it added. Board of Directors of REC Ltd in its meeting held on March 25, inter-alia considered and approved the Market Borrowing Programme of the .