REC Ltd. News and Updates

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

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REC Ltd.

07 Nov 2024

393.10

0.92%

Dividend, bonus: REC, Petronet LNG, & 10 others to remain in focus today

Business Standard

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Ltd.

26 Oct 2024

393.10

0.92%

REC posts 4,038 cr net profit in Q2 FY25

Business Line

Its consolidated total income stood at around Rs 13,706 crore in Q2 FY25, compared to Rs 13,092 in Q1 FY25

REC Ltd. has an average target of 560.00 from 3 brokers.

REC Q2 results: Net profit grows 7% to Rs 4,037 cr on higher income

Business Standard | 26 Oct 2024 1 more

REC Ltd.

24 Oct 2024

393.10

0.92%

REC Arm Incorporates Subsidiary For Power Evacuation

NDTV Profit

The entity has been incorporated for transmission scheme for evacuation of power from Ratle hydroelectric project.

REC Ltd. has lost -21.75% in the last 6 Months

REC Ltd.

05 Oct 2024

393.10

0.92%

REC Q2 Updates: Records Loan Growth Of Nearly 14% At Rs 47,303 Crore

NDTV Profit

Of this, renewable energy loans aggregated to Rs 5,946 crore, up 37.35% year-on-year.

REC Ltd. has lost -21.75% in the last 6 Months

REC disburses loans worth Rs 90,955 cr from Apr-Sep, up 20% from yr ago

Business Standard | 05 Oct 2024

REC Ltd.

30 Sep 2024

393.10

0.92%

Huge response for REC's zero-coupon bonds

Business Line

Investors place offers for 33,671 crore against 5,000 crore issue size

REC Ltd. is trading below all available SMAs

REC's deep-discount zero-coupon bond issuance receives strong demand

Business Standard | 30 Sep 2024 2 more

REC Ltd.

28 Sep 2024

393.10

0.92%

REC raises $500 million via green bond to support renewable energy projects

Business Standard

State-owned REC Ltd on Saturday said it has raised USD 500 million through green dollar bonds to support various renewable energy projects. The 5-year note has a coupon rate of 4.75 per cent per annum to be paid semi-annually and the maturity date of September 27, 2029. This is the first US dollar bond issuance from an Indian public sector enterprise in 2024, REC said in a statement. The latest fund raise was part of USD 10 billion global medium-term programme of the company. The proceeds will be used to finance eligible green projects, in accordance with REC's Green Finance Framework as per green bond principles of Climate Bond Initiative, London and RBI's ECB guidelines, with a second-party opinion from Sustainable Fitch, it said. "The overwhelming demand for our green bonds, amidst a challenging global financial environment, reflects the established standing of India as a key player in the green finance market," said Vivek Kumar Dewangan, CMD of REC Ltd. The notes will be rated

REC Ltd. is trading below all available SMAs

REC Raises $500 Million Via Green Bond

NDTV Profit | 28 Sep 2024

REC Ltd.

26 Sep 2024

393.10

0.92%

REC Seeks Bids For Deep Discounted Bond Issue On Sept. 30

NDTV Profit

The issue has a base size of Rs 1,000 crore and a greenshoe option of Rs 4,000 crore. The bonds will have a maturity of Nov. 3, 2034.

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

REC Ltd.

24 Sep 2024

393.10

0.92%

REC To Raise $500 Million Through Global Medium Term Note Programme

NDTV Profit

The net proceeds from the issue of these notes will be applied to finance, in whole or in part, the eligible green projects, in each case in accordance with the REC Ltd.