REC Limited Board Meeting Scheduled for January 29, 2026 to Consider Third Interim Dividend for FY26

1 min read     Updated on 23 Jan 2026, 03:26 PM
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Reviewed by
Ashish TScanX News Team
Overview

REC Limited has scheduled a board meeting for January 29, 2026, to consider declaring a third interim dividend for FY26. The announcement, made on January 23, 2026, complies with SEBI Regulation 29 requirements and updates an earlier intimation from January 19, 2026. This represents the company's continued focus on regular shareholder returns during the current financial year.

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*this image is generated using AI for illustrative purposes only.

REC Limited has announced that its Board of Directors will meet on January 29, 2026, to deliberate on the declaration of a third interim dividend for the financial year 2025-26. The announcement was made through an official communication dated January 23, 2026, addressed to both the National Stock Exchange of India Limited and BSE Limited.

Board Meeting Details

The scheduled board meeting represents an update to the company's earlier intimation letter dated January 19, 2026. The meeting is being convened in strict compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates proper disclosure of board meetings to stock exchanges.

Meeting Parameter: Details
Meeting Date: Thursday, January 29, 2026
Primary Agenda: Declaration of 3rd Interim Dividend for FY26
Regulatory Compliance: SEBI Regulation 29
Communication Date: January 23, 2026

Regulatory Compliance and Communication

The formal intimation was signed by Dinesh Garg, Company Secretary and Compliance Officer of REC Limited. The communication was simultaneously sent to both major stock exchanges where the company's shares are listed. On the National Stock Exchange, REC Limited trades under the scrip code RECLTD, while on BSE Limited, it operates under scrip code 532955.

Corporate Structure and Operations

REC Limited maintains an extensive operational network across India with regional offices in multiple cities including Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Panchkula, Patna, Raipur, Ranchi, Shillong, Shimla, Thiruvananthapuram, and Vijaywada. The company also operates state offices in Vadodara and Varanasi, along with a dedicated training center - the REC Institute of Power Management & Training (RECIPMT) located in Hyderabad.

Dividend Distribution Pattern

The consideration of a third interim dividend for FY26 indicates REC Limited's commitment to regular shareholder returns throughout the financial year. The board's decision to evaluate this dividend proposal demonstrates the company's financial position and its approach to distributing profits to shareholders through multiple interim payments rather than a single annual dividend.

Historical Stock Returns for REC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-2.31%+4.95%-8.12%-21.79%+243.88%

REC Limited Announces Strike-Off of Subsidiary Rajgarh III Power Transmission Limited

1 min read     Updated on 20 Jan 2026, 07:22 PM
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Reviewed by
Shriram SScanX News Team
Overview

REC Limited has announced that its project-specific subsidiary Rajgarh III Power Transmission Limited has been struck off from the Register of Companies on January 20, 2026. The subsidiary was wholly owned by RECPDCL, itself a wholly owned subsidiary of REC Limited. Following the strike-off, the company stands dissolved under the Companies Act, 2013, and has ceased to be a subsidiary of both RECPDCL and REC Limited.

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REC Limited has notified stock exchanges about the formal dissolution of one of its project-specific subsidiaries. The company informed the National Stock Exchange and BSE Limited on January 20, 2026, regarding the strike-off of Rajgarh III Power Transmission Limited from the Register of Companies.

Corporate Structure Changes

The dissolved entity was a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which itself operates as a wholly owned subsidiary of REC Limited. This multi-tier ownership structure is common in infrastructure and power sector companies for managing specific projects through dedicated special purpose vehicles (SPVs).

Regulatory Compliance Details

The notification was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication referenced a previous letter dated June 4, 2025, indicating this was part of an ongoing process.

Parameter Details
Strike-off Date January 20, 2026
Entity Type Project-specific SPV
Ownership Structure Wholly owned subsidiary of RECPDCL
Parent Company REC Limited
Regulatory Framework Companies Act, 2013

Legal Implications

Following the strike-off from the Register of Companies, Rajgarh III Power Transmission Limited stands dissolved under the provisions of the Companies Act, 2013. The company has ceased to be a subsidiary of both RECPDCL and REC Limited, effectively ending its corporate existence and any associated obligations or rights.

Communication Protocol

The formal notification was signed by Dinesh Garg, Company Secretary and Compliance Officer of REC Limited, and was addressed to both major Indian stock exchanges where the company's shares are listed. The document was digitally signed and included both Hindi and English text, following standard corporate communication practices for listed Indian companies.

Historical Stock Returns for REC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-2.31%+4.95%-8.12%-21.79%+243.88%

More News on REC

1 Year Returns:-21.79%