REC Ltd Sees ₹36.87 Crore Block Trade on NSE at ₹364.70 Per Share

REC Ltd witnessed significant institutional activity on the National Stock Exchange (NSE) through a substantial block trade transaction. The government-owned rural electrification financing company saw approximately 1,010,993 shares change hands in a single large transaction.

Block Trade Details

The transaction details highlight the scale of institutional interest in REC Ltd shares:

Parameter:	Details
Total Shares Traded:	1,010,993 shares
Transaction Value:	₹36.87 crores
Price Per Share:	₹364.70
Exchange:	NSE

Market Significance

Block trades represent large-scale institutional transactions that are typically executed outside the regular market to avoid impacting stock prices significantly. These transactions often involve institutional investors, mutual funds, or other large market participants looking to buy or sell substantial quantities of shares.

The execution price of ₹364.70 per share for this block trade provides a reference point for the institutional valuation of REC Ltd shares during this transaction. Such large-volume trades can serve as indicators of institutional sentiment and investment strategies regarding the company.

About the Transaction

The ₹36.87 crore transaction represents a meaningful volume of shares for REC Ltd, demonstrating active institutional participation in the stock. Block trades are generally pre-negotiated transactions between large investors and are executed through special trading windows on exchanges to ensure minimal market disruption.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.30%	-2.40%	+6.60%	-9.80%	-26.32%	+226.86%

REC has announced that its board of directors will meet on January 29, 2025, to consider and approve the company's financial results for the third quarter of fiscal year 2025. This scheduled board meeting represents an important corporate milestone for the state-owned financial institution.

Board Meeting Details

The company has formally notified stakeholders about the upcoming board meeting, which will focus on reviewing and approving the Q3 FY25 financial performance. This announcement follows standard corporate governance practices and regulatory requirements for listed companies.

Meeting Details:	Information
Date:	January 29, 2025
Purpose:	Consider Q3 FY25 Results
Quarter:	Third Quarter FY25
Meeting Type:	Board of Directors Meeting

Corporate Significance

As a leading financial institution in India's power sector, REC's quarterly results are closely watched by investors and industry stakeholders. The company plays a vital role in financing power infrastructure projects across the country, making its financial performance an important indicator of the sector's health.

The scheduled announcement demonstrates REC's commitment to maintaining transparent communication with its stakeholders and adhering to regulatory disclosure requirements. The January 29 date provides investors and analysts with a clear timeline for accessing the company's third-quarter financial data.

Stakeholder Information

This advance notice allows market participants to prepare for the earnings announcement and plan their analysis accordingly. The board meeting will provide comprehensive insights into REC's operational and financial performance during the third quarter of the current fiscal year.