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REC Ltd

Thu 29/01/2026,15:59:59 NSE: RECLTD

₹ 375.30 -2.20 (-0.58%)
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Home Stock REC Ltd

Thu 29/01/2026,16:1:0

REC Ltd

Thu 29/01/2026,15:59:59 | NSE : RECLTD

₹ 375.30-2.20 (-0.58%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 380.00

Previous Close

₹ 377.50

Volume

10070972

Mkt Cap ( Rs. Cr)

₹98824.90

High

₹ 384.75

Low

₹ 373.00

52 Week High

₹ 460.20

52 Week Low

₹ 330.95

Book Value Per Share

₹ 317.03

Dividend Yield

4.76

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on REC Ltd

Your Vote -

Buy

67.62%

Hold

16.26%

Sell

16.12%

67.62%

3400 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

375.30

5063

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0.00

0

Bid Total

5063

Bid Price

Qty

0.00

0

0.00

0

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0

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts REC Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers rec ltd stock attention, sentiment.

  • REC - General Updates

    23 Jan 2026, 3:05PM Intimation of Board Meeting - Updates.

  • REC - Announcement under Regulation 30 (LODR)-Dividend Updates

    23 Jan 2026, 3:04PM Intimation of Board Meeting - Updates.

  • REC - Intimation Of Strike-Off From The Register Of Companies Of A Project Specific SPV/ Subsidiary.

    20 Jan 2026, 6:40PM Intimation of strike-off from the Register of Companies of a project specific SPV/ Subsidiary.

  • REC - General Updates

    20 Jan 2026, 6:40PM Intimation of strike-off from the Register of Companies of a project specific SPV/ subsidiary.

  • REC - Updates

    19 Jan 2026, 6:12PM Board comments on fine levied by the Exchanges.

  • REC - Board Comments On Fine Levied By The Exchanges.

    19 Jan 2026, 6:12PM Board comments on fine levied by the Exchanges.

  • REC - Board Meeting Intimation for The Financial Results For The Quarter And Nine Months Ended December 31, 2025.

    19 Jan 2026, 12:01PM REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2026 ,inter alia, to consider and approve the

  • REC has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2025

    16 Jan 2026, 2:20PM As of December 2025, 52.63% is owned by Indian Promoters and 47.37% by Public. <p align=justify> Institutional holds 32.67% (Insurance Companies 5.26%

  • REC - Regulation 60(2) Record Date Interest Payment / Redemption / Dividend

    9 Jan 2026, 6:31PM The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of

  • REC - Intimation Of Sale And Transfer Of Project Specific Spvs/Subsidiaries.

    9 Jan 2026, 5:40PM Intimation of sale and transfer of project specific SPVs/ Subsidiaries.

  • REC - General Updates

    9 Jan 2026, 5:37PM Intimation of sale and transfer of Project specific SPVs/Subsidiaries.

  • REC - General Updates

    8 Jan 2026, 8:04PM Intimation of achievement of Excellent rating by REC Limited in MOU Performance for the financial year 2024-25.

  • REC - Intimation Of Achievement Of 'Excellent' Rating By REC In MOU Performance For The Financial Year 2024-25.

    8 Jan 2026, 8:03PM Intimation of achievement of 'Excellent\ rating by REC in MOU Performance for the financial year 2024-25.

  • REC - General Updates

    7 Jan 2026, 1:15PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    7 Jan 2026, 1:14PM Intimation of incorporation of subsidiary company.

  • REC - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    6 Jan 2026, 5:56PM REC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

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

    6 Jan 2026, 5:55PM Certificate under Regulation 74(5) of SEBI (DP) Regulations.

  • REC - Change in Management

    1 Jan 2026, 5:20PM REC Limited has informed the Exchange about change in Senior Management.

  • REC - Announcement under Regulation 30 (LODR)-Change in Management

    1 Jan 2026, 5:18PM Intimation regarding change in Senior Management.

  • REC - Copy of Newspaper Publication

    29 Dec 2025, 5:10PM REC Limited has informed the Exchange about Newspaper Clippings regarding notice for transfer of Unclaimed Dividends / Equity Shares to IEPF Authority

  • REC - Intimation Of Incorporation Of Subsidiary Companies.

    26 Dec 2025, 5:06PM Intimation of incorporation of subsidiary companies.

  • REC - General Updates

    26 Dec 2025, 5:05PM Intimation of incorporation of subsidiary companies.

  • REC - Trading Window

    26 Dec 2025, 4:36PM REC Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    25 Dec 2025, 6:35PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    25 Dec 2025, 6:34PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    20 Dec 2025, 4:43PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    20 Dec 2025, 4:42PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    19 Dec 2025, 7:11PM Intimation of incorporation of subsidiay company.

  • REC - General Updates

    19 Dec 2025, 7:11PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    19 Dec 2025, 12:20PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    19 Dec 2025, 12:18PM Intimation of incorporation of subsidiary company

  • REC - Analysts/Institutional Investor Meet/Con. Call Updates

    16 Dec 2025, 5:09PM REC Limited has informed the Exchange about Schedule of Analysts/ Institutional Investors meet.

  • REC - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    16 Dec 2025, 5:07PM Intimation of Schedule of Analysts/ Institutional Investors Meet.

  • REC - Change in Management

    2 Dec 2025, 4:12PM REC Limited has informed the Exchange about change in Senior Management.

  • REC - Announcement under Regulation 30 (LODR)-Change in Management

    2 Dec 2025, 4:13PM Intimation regarding change in Senior Management.

  • REC - Change in Company Secretary/Compliance Officer

    1 Dec 2025, 5:46PM REC Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

  • REC - Appointment of Company Secretary and Compliance Officer

    1 Dec 2025, 5:43PM Intimation regarding change in Senior Management.

  • REC - General Updates

    7 Nov 2025, 4:35PM Intimation of incorporation of subsidiary companies.

  • REC - Intimation Of Incorporation Of Subsidiary Companies.

    7 Nov 2025, 4:34PM Intimation of incorporation of subsidiary companies.

  • REC - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    4 Nov 2025, 6:46PM Transcript of Investors Conference Call.

  • REC - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Nov 2025, 6:42PM Transcript of Investors Conference Call.

  • REC - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Oct 2025, 4:38PM REC Limited has informed the Exchange about Link of Recording

  • REC - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    29 Oct 2025, 4:35PM Intimation of Audio Recording of Investors Conference Call.

  • RECL Ltd Q4FY25

    14 May 2025 , 12:45PM RECL Ltd Q4FY25 – Key take aways (KTAs)

  • REC Ltd

    23 Apr 2025 , 12:30PM The Government of India appointed to Shri Jitendra Srivastava, IAS (BH: 2000), Joint Secretary, Department of Drinking Water and Sanitation, Ministry of Jal Shakti as Chairman and Managing Director ("CMD") of REC Limited. Accordingly, Shri Jitendra Srivastava has assumed charge of the post of CMD at REC on April 22, 2025. Further, on appointment of Shri Jitendra Srivastava as CMD, REC; Smt. Parminder Chopra, CMD, Power Finance Corporation Limited.

  • REC Ltd

    9 Apr 2025 , 9:40AM The company to invest Rs 1 lakh crore in Mumbai Metropolitan Region (MMR): The MoU for Rs 1 lakh crore worth of financing is for an array of infrastructure projects in the MMR, focusing on urban mobility, housing, and essential infrastructure. The funding will be disbursed over the next five years, ensuring steady progress in modernising and enhancing the region's infrastructure. Positive ome First Finance: The company launched its Rs 1,250 crore qualified institutions placement (QIP) issue on April 8, with a floor price set at Rs 1,019.25 per share. Positive

  • Viewpoint (New Idea) – REC Ltd

    25 Mar 2025 , 10:23AM Viewpoint (New Idea) – REC Ltd. – Strong growth visibility, favorable risk-reward

  • RECL

    5 Mar 2025 , 11:30AM A meeting of the Board of Directors of REC Limited will be held on Friday, March 7, 2025 inter-alia to consider the proposal for revision in Market Borrowing Programme of the Company for the FY25.

  • REC Ltd

    4 Mar 2025 , 9:54AM REC: The corporation to consider revision in Market Borrowing Programme of the company on March 7.

  • REC

    18 Sep 2024 , 10:11AM REC: signed non-binding Memorandum of Understandings (MoUs) with RE developers aggregating about ₹ 1.12 lakh crore which will be implemented over a period of 5 years. Positive

  • REC Ltd

    28 Aug 2024 , 10:56AM The company has signed a non-binding MoU with JNPA port for financing up to Rs. 45,000 crore for upcoming projects. Positive read through

  • PFC/REC

    23 Aug 2024 , 9:53AM NCLT has approved Adani Power`s resolution plan to buy Lanco Amarkantak Power Project for Rs. 4,101 crore. Major lenders to the project were PFC/REC and some of the PSU banks. Thus, resolution will result in healthy recoveries for PFC, REC and some of the PSU banks. Positive

  • REC Ltd

    3 Jun 2024 , 12:24PM The company has received approval from the board for raising funds up to Rs 1.45 lakh crore through the private placement of non-convertible debentures. Further, the board has approved the appointment of Mr. Harsh Baweja as Director (Finance) (as Additional Director) and Chief Financial Officer of the company, with effect from May 14, 2024.

  • REC

    19 Jan 2024 , 10:34AM The company has been designated as the overall implementation agency for rooftop solar program of the Renewable Energy Ministry. Positive

  • REC Ltd

    12 Dec 2023 , 10:13AM REC Limited signed a 200 million Euro loan agreement with the German bank KfW. The loan will be used to undertake reforms in India’s distribution sector. This marks REC’s sixth line of credit under the Indo-German development corporation. Positive read through

  • REC to sell Ramgarh-II transmission to Power Grid

    27 Sep 2023 , 3:52PM Boad approves sale and transfer of the entire shareholding of Ramgarh-II Transmission

  • REC board nod sale & transfer of KPSI Transmission

    31 Mar 2023 , 2:32PM REC board approves sale & transfer of entire shareholding of KPS 1 Transmission to Megha Engineering

  • REC Ltd

    10 Mar 2023 , 11:34AM REC Ltd: Board has approved fundraising of up to Rs 1.2 lakh crore under different debt instruments for financial year 2023-24.

  • REC board's approval of market borrowing

    10 Mar 2023 , 10:06AM REC board approves raising up to Rs 1.20 lakh crore via debt in FY24

  • RECL

    16 Jan 2023 , 10:15AM The company has signed five different non-binding MoUs worth Rs1 lakh crore with the UP government to extend financial assistance during the UP Global Investors Summit. MoUs are in the field of power generation (Rs14,103 crore), transmission (Rs7800 crore) and distribution projects (Rs13600 crore, renewable energy (Rs45,350 crore) and infrastructure development projects (Rs20000 crore). The company also signed a non-binding MoU with MP Power Management Company (MPPMCL) to extend financial assistance of Rs15,086 crore for upcoming Sarani and Amarkantak thermal power projects, system improvement works, technology upgradation, renovation and modernisation. Positive read through for REC Limited.

  • REC

    16 Sep 2022 , 10:15AM Board has approved the addition of new sub-clause, in the objects clause of memorandum of association (MOA) of REC Limited, subject to approval of the shareholders - to lend to logistics and infrastructure sectors to the extent permitted by Government of India. Positive read through.

  • REC board approves Rs. 85,000 cr borrowing plan for 2022-23

    22 Mar 2022 , 10:14AM Outcome for approval of market borrowing programme for the Financial Year 2022-23

  • REC approves amendment in JV agreement of Energy Efficiency

    31 Aug 2021 , 12:10PM Energy Efficiency Services is a JV between REC, PFC, Power Grid & NTPC

  • REC to consider 2nd interim dividend for FY21

    3 Mar 2021 , 3:16PM Board Meeting for proposals for market borrowing programme for FY 2021-22 and payment of 2nd Interim Dividend for FY 2020-21

  • REC Ltd

    24 Feb 2021 , 11:26AM REC has priced its USD 500 mn notes of coupon rates of 2.25% under its USD 7 billion Global Medium Term Note Programme. The Notes will mature on September 1, 2026 and all principal and interest payments will be made in U.S. dollars. The settlement date for the Notes is expected to be March 1, 2021. The net proceeds from the sale of the Notes will be applied for lending to the power sector in accordance with the External Commercial Borrowings Regulations and directions of the Reserve Bank of India.

  • PFC, REC

    27 Nov 2020 , 10:42AM The companies have signed an initial pact with SJVN to provide Rs 8,520 crore worth loan for a thermal power plant in Buxar, Bihar.

  • NTPC, REC

    4 Sep 2020 , 12:07PM As per media reports, NTPC and REC Ltd are planning to enter power distribution business and are expected bid for disoms in union territories (UTs). We highlight here government already announced plans for privatisation of UTs such as Chandigarh and Dadra and Nagar Haveli, which are likely to be the first ones on the block.

  • REC board nod incorporation of seven SPVs

    8 Apr 2020 , 2:05PM REC board approves incorporation of seven Special Purpose Vehicles as its subsidiaries

  • REC raises about $650 mn via offshore bonds

    19 Jul 2019 , 10:49AM Rural Electrification Corporation (REC): As per media reports, state-owned REC has raised about $650 mn via offshore bonds.

  • REC board to consider fund raising

    4 Jul 2019 , 3:01PM Raising of funds through issue of Unsecured/Secured Non-Convertible Bonds/Debentures through private placement

  • REC board nod raising of fund during FY20

    20 Mar 2019 , 3:15PM Board approves market borrowing programme under different debt segments for the financial year 2019-20

  • REC board declares interim dividend

    28 Feb 2019 , 2:33PM Declaration and payment of Interim Dividend at Rs.11/- per equity share of Rs. 10/- each

  • As per a CAG report, PFC and REC had not followed RBI norms

    10 Aug 2017 , 2:14PM Rural Electrification Corp (REC) and Power Finance Corp.(PFC): As per a CAG report, PFC and REC had not followed RBI norms and did inadequate due diligence for credit appraisal for loans to private power companies – Negative read thru.
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Key fundamentals

Evaluate the intrinsic value of REC Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 573927.22 514397.33 438516.09 384087.23 373208.68
Liabilities 573927.22 514397.33 438516.09 384087.23 373208.68
Equity 2633.22 2633.22 2633.22 1974.92 1974.92
Gross Profit 53950.65 47685.78 37455.85 34397.81 32232.19
Net Profit 15713.21 14019.21 11054.64 10045.92 8361.78
Cash From Operating Activities -39182.15 -57885.22 -37481.66 -3962.66 -43520.42
NPM(%) 28.1 29.73 28.19 25.67 23.62
Revenue 55911.12 47146.3 39208.06 39132.49 35387.89
Expenses 1960.47 -539.48 1752.21 4734.68 3155.7
ROE(%) 18.82 16.79 13.24 12.03 10.01

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
27 Oct 2025 4.6 46 4.8 374.95
01 Aug 2025 4.6 46 4.8 404.9
14 Aug 2025 2.6 26 4.8 392.4
26 Mar 2025 3.6 36 4.8 429.5
14 Feb 2025 4.3 43 4.8 434.15
08 Nov 2024 4 40 4.8 523.65
09 Aug 2024 3.5 35 4.8 644.6
28 Jun 2024 5 50 4.8 507.15
13 Nov 2023 3.5 35 4.8 282.85
14 Aug 2023 3 30 4.8 173.55
09 Feb 2023 3.25 32.5 4.8 115.95
12 Jul 2022 4.8 48 4.8 114
15 Feb 2022 6 60 4.8 140.6
11 Nov 2021 2.5 25 4.8 148.65
13 Aug 2021 2 20 4.8 156.45
16 Sep 2021 1.71 17.1 4.8 155.1
18 Mar 2021 5 50 4.8 146.25
13 Nov 2020 6 60 4.8 104.8
11 Feb 2020 11 110 4.8 144.95
11 Mar 2019 11 110 4.8 136.35
17 Sep 2018 1.75 17.5 4.8 119.3
15 Feb 2018 7.4 74 4.8 144.55
14 Sep 2017 2.65 26.5 4.8 193.25
27 Feb 2017 7 70 4.8 144.55
22 Aug 2016 5.1 51 4.8 155.4
17 Feb 2016 12 120 4.8 190.65
09 Sep 2015 2.7 27 4.8 301.7
18 Feb 2015 8 80 4.8 324.65
02 Sep 2014 1.75 17.5 4.8 344.55
20 Feb 2014 7.75 77.5 4.8 172.15
28 Aug 2013 1.5 15 4.8 230.7
08 Feb 2013 6.75 67.5 4.8 234.15
04 Sep 2012 2.5 25 4.8 169.6
30 Jan 2012 5 50 4.8 166.85
30 Aug 2011 4 40 4.8 202.35
11 Feb 2011 3.5 35 4.8 252.85
24 Aug 2010 3.5 35 4.8 259.7
04 Jan 2010 3 30 4.8 235.2
03 Sep 2009 2.5 25 4.8 149.05
26 Feb 2009 2 20 4.8 86.85
08 Sep 2008 3 30 4.8 110.65

Peers

Other companies within the same industry or sector that are comparable to REC Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
IBL Finance Ltd 49.00 0.00 54.44 933.58 9.52 0.00
360 One Wam Ltd 1135.80 -0.36 39.11 14839.53 2503.63 0.00
Abans Financial Services Ltd 201.00 -0.03 8.32 1909.24 1005.86 0.00
Finkurve Financial Services Ltd 88.96 8.57 60.52 4790.81 124.29 0.00

Company Info

Our Company was incorporated on July 25, 1969 under the Companies Act as a private limited company under the name of 'Rural Electrification Corporation Private Limited' with the main objective of financing rural electrification schemes in the country. The word private was deleted from the name of our Company on June 3, 1970. Our Company became a deemed public limited company w.e.f. July 1, 1975. The RoC on July 18, 2003 issued a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company and our name was changed to our present name, Rural Electrification Corporation Limited. Major events Our Company was declared a Public Financial Institution under section 4A of the Companies Act in 1992. We are also registered with the RBI as a NBFC w.e.f. February 10, 1998. 1969 - Incorporation of our Company.  1970 - Commenced lending operations to SEBs.  1974 - Authorised by the Ministry of Irrigation and Power to finance rural electrification under the 'Minimum Needs Programme 1979 Central Institute of Rural Electrification set up in Hyderabad.  1980 - Deputed engineers to Algeria to train the Algeria's National Agency for Distribution of Electricity and Gas on rural electrification.  1988  Launch of Kutir Jyoti and Jal Dhara programmes for rural electrification.  1990 Awarded the Indira Gandhi Memorial Award for Excellence in Public Sector Undertakings for the year 1989-1990.  1992  Declared a Public Financial Institution under section 4A of the Companies Act.  1993 - Entered into MOU with the MoP for the first time to achieve certain performance related targets.  1994 - Received rating of "excellent" and award by the GoI, for the first time, for fulfilling the targets pursuant to the MOU. 1998 Registered as a NBFC under section 45(IA) of the RBI Act. 1999 Received 'AAA' rating from CRISIL Limited in relation to our long term domestic borrowings. 2000 Declared to be among the top ten Public Sector Enterprises by the GoI. 2001 Capital Gains Tax Benefit under section 54 EC of the IT Act to bonds floated by our Company. Upgradatation from Schedule 'B' to Schedule 'A' Corporation. 2002 Grant of Mini Ratna- I status.  2003 Did not seek assistance from the budget for finances and became a fully self- reliant organisation.  2005 Profit before tax, crossed Rs. 10,000 million. Paid Rs. 2,345 million as dividend to the GoI. Appointed as the nodal agency for RGGVY. 2006 Received rating of "excellent" for the year 2005-06 by the GoI for fulfilling the targets of the MOU.  2007 -Received rating of "excellent" for the year 2006-07 by the GoI for fulfilling the targets of the MOU.  2008  -The initial public offer of Rural Electrification Corporation (REC), a state-run power sector lender, got subscribed 4.67 times at 11:00 IST on last day of its issue today, 22 February 2008. The price band for the IPO is Rs 90 to Rs 105. The book building process, which opened on February 19, is scheduled to close on February 22. The issue would constitute about 18.18% of the fully diluted post-issue capital of REC. It is looking to raise about Rs 16.40 billion through sale of 156 million equity shares in a price band of Rs 90-105 in the IPO. 2009 - Rural Electrification Corporation Ltd has appointed the following two firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2009-10: 1. Bansal & Co., New Delhi 2. K G Somani & Co., New Delhi 2010 - In order to fund a power project in North Chennai, Rural Electrification Corporation Ltd. (REC) has inked a Memorandum of Understanding (MoU) with NTPC Tamil Nadu Energy Company Ltd. (NTECL) 2011 - Rural Electrification Corporation Ltd has declared and approved an Interim Dividend at the rate of Rs.3.50 per share on the face value of fully paid-up equity shares of Rs.10/- each for the financial year 2010-11. - Rs 1300 crore bids invited for laying transmission system in Andhra pradesh 2012 - Rural Electrification Corporation has sought the approval of Reserve Bank of India (RBI) for issuing bonds to raise up to USD 500 million - Rural Electrification Corporation Ltd has appointed Shri Jyoti Shubhra Amitabh as a Company Secretary with effect from September 03, 2012 Shri Jyoti Shubhra Amitabh is holding 121 equity shares in the Company as on September 03, 2012.  2013 -Board recommends Final Dividend of Rs. 1.50/- per share -REC awarded India Pride Award 2013-14  2014 -Board recommends Final Dividend of Rs. 1.75/- per share. -REC awarded Dalal Street - PSU Award 2014 -REC awarded India Today - PSUs Awards 2014 for Best HR Practices -REC Signs MoU with Ministry of Power for the Financial Year 2014-15 2015 -Rural Electrification Corp has has signed two separate agreements with Andhra Pradesh Power Generation Corporation Limited and Transmission Corporation of Andhra Pradesh Limited -Rural Electrification Corporation Ltd - Incorporation of three Project Specific Special Purpose Vehicles (SPVs), as Subsidiary Companies of Rural Electrification Corporation Limited  2016 -Rural Electrification Corporation Ltd has approved the Bonus Equity Shares in the ratio of 1:1 (i.e. One Bonus equity share of Rs. 10/- each for every equity share of Rs. 10/- each) to the existing shareholders of the Company -REC contributes Rs 25 crore towards "Swachh Bharat Kosh"  2017 -REC wins the Dainik Bhaskar India Pride Award 2017. -REC gets nod to incorporate five project specific SPVS as WOS -SAUBHAGYA Launched in Madhya Pradesh -REC honored with two Awards at SCOPE Awards on the 8th Public Sector Day Function. -REC Stall Inaugurated at Intelect 2017 -REC Limited received the first prize for "Brand Building through Inclusive Growth Initiatives" at the Corporate Communication Excellence Awards 2017 organised by the SCOPE.  2018  -REC launches USD 300 mln dollar-dominated bonds -Name of the company will be changed from 'Rural Electrification Corporation Limited' to 'REC Limited'  2021  -This is to inform that Ministry of Corporate Affairs (MCA) vide order dated February 5, 2021 has approved the Scheme of Amalgamation of REC Transmission Projects Company Limited ('Transferor Company') with REC Power Distribution Company Limited ('Transferee Company'), wholly owned subsidiaries of REC  2022 -REC has issued Bonus Shares in the Ratio of 1:3. 2020 -'REC conferred with PSE Excellence Award, 2019 as Runner Up in the Navratna & Maharatna category, for excellence in Corporate Governance.'. 2022 -The Company has issued Bonus Shares in the Ratio of 1:3. -REC conferred with Golden Peacock Award for Excellence in Corporate Governance for the year 2022. 2023 - REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors. 2024 -REC receives SCOPE Excellence Award for Digitalization. -REC Ltd and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects. -REC signs MoU with RVNL for financing infrastructure projects worth Rs 35,000 cr

Our Company was incorporated on July 25, 1969 under the Companies Act as a private limited company under the name of 'Rural Electrification Corporation Private Limited' with the main objective of financing rural electrification schemes in the country. The word private was deleted from the name of our Company on June 3, 1970. Our Company became a deemed public limited company w.e.f. July 1, 1975. The RoC on July 18, 2003 issued a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company and our name was changed to our present name, Rural Electrification Corporation Limited. Major events Our Company was declared a Public Financial Institution under section 4A of the Companies Act in 1992. We are also registered with the RBI as a NBFC w.e.f. February 10, 1998. 1969 - Incorporation of our Company.  1970 - Commenced lending operations to SEBs.  1974 - Authorised by the Ministry of Irrigation and Power to finance rural electrification under the 'Minimum Needs Programme 1979 Central Institute of Rural Electrification set up in Hyderabad.  1980 - Deputed engineers to Algeria to train the Algeria's National Agency for Distribution of Electricity and Gas on rural electrification.  1988  Launch of Kutir Jyoti and Jal Dhara programmes for rural electrification.  1990 Awarded the Indira Gandhi Memorial Award for Excellence in Public Sector Undertakings for the year 1989-1990.  1992  Declared a Public Financial Institution under section 4A of the Companies Act.  1993 - Entered into MOU with the MoP for the first time to achieve certain performance related targets.  1994 - Received rating of "excellent" and award by the GoI, for the first time, for fulfilling the targets pursuant to the MOU. 1998 Registered as a NBFC under section 45(IA) of the RBI Act. 1999 Received 'AAA' rating from CRISIL Limited in relation to our long term domestic borrowings. 2000 Declared to be among the top ten Public Sector Enterprises by the GoI. 2001 Capital Gains Tax Benefit under section 54 EC of the IT Act to bonds floated by our Company. Upgradatation from Schedule 'B' to Schedule 'A' Corporation. 2002 Grant of Mini Ratna- I status.  2003 Did not seek assistance from the budget for finances and became a fully self- reliant organisation.  2005 Profit before tax, crossed Rs. 10,000 million. Paid Rs. 2,345 million as dividend to the GoI. Appointed as the nodal agency for RGGVY. 2006 Received rating of "excellent" for the year 2005-06 by the GoI for fulfilling the targets of the MOU.  2007 -Received rating of "excellent" for the year 2006-07 by the GoI for fulfilling the targets of the MOU.  2008  -The initial public offer of Rural Electrification Corporation (REC), a state-run power sector lender, got subscribed 4.67 times at 11:00 IST on last day of its issue today, 22 February 2008. The price band for the IPO is Rs 90 to Rs 105. The book building process, which opened on February 19, is scheduled to close on February 22. The issue would constitute about 18.18% of the fully diluted post-issue capital of REC. It is looking to raise about Rs 16.40 billion through sale of 156 million equity shares in a price band of Rs 90-105 in the IPO. 2009 - Rural Electrification Corporation Ltd has appointed the following two firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2009-10: 1. Bansal & Co., New Delhi 2. K G Somani & Co., New Delhi 2010 - In order to fund a power project in North Chennai, Rural Electrification Corporation Ltd. (REC) has inked a Memorandum of Understanding (MoU) with NTPC Tamil Nadu Energy Company Ltd. (NTECL) 2011 - Rural Electrification Corporation Ltd has declared and approved an Interim Dividend at the rate of Rs.3.50 per share on the face value of fully paid-up equity shares of Rs.10/- each for the financial year 2010-11. - Rs 1300 crore bids invited for laying transmission system in Andhra pradesh 2012 - Rural Electrification Corporation has sought the approval of Reserve Bank of India (RBI) for issuing bonds to raise up to USD 500 million - Rural Electrification Corporation Ltd has appointed Shri Jyoti Shubhra Amitabh as a Company Secretary with effect from September 03, 2012 Shri Jyoti Shubhra Amitabh is holding 121 equity shares in the Company as on September 03, 2012.  2013 -Board recommends Final Dividend of Rs. 1.50/- per share -REC awarded India Pride Award 2013-14  2014 -Board recommends Final Dividend of Rs. 1.75/- per share. -REC awarded Dalal Street - PSU Award 2014 -REC awarded India Today - PSUs Awards 2014 for Best HR Practices -REC Signs MoU with Ministry of Power for the Financial Year 2014-15 2015 -Rural Electrification Corp has has signed two separate agreements with Andhra Pradesh Power Generation Corporation Limited and Transmission Corporation of Andhra Pradesh Limited -Rural Electrification Corporation Ltd - Incorporation of three Project Specific Special Purpose Vehicles (SPVs), as Subsidiary Companies of Rural Electrification Corporation Limited  2016 -Rural Electrification Corporation Ltd has approved the Bonus Equity Shares in the ratio of 1:1 (i.e. One Bonus equity share of Rs. 10/- each for every equity share of Rs. 10/- each) to the existing shareholders of the Company -REC contributes Rs 25 crore towards "Swachh Bharat Kosh"  2017 -REC wins the Dainik Bhaskar India Pride Award 2017. -REC gets nod to incorporate five project specific SPVS as WOS -SAUBHAGYA Launched in Madhya Pradesh -REC honored with two Awards at SCOPE Awards on the 8th Public Sector Day Function. -REC Stall Inaugurated at Intelect 2017 -REC Limited received the first prize for "Brand Building through Inclusive Growth Initiatives" at the Corporate Communication Excellence Awards 2017 organised by the SCOPE.  2018  -REC launches USD 300 mln dollar-dominated bonds -Name of the company will be changed from 'Rural Electrification Corporation Limited' to 'REC Limited'  2021  -This is to inform that Ministry of Corporate Affairs (MCA) vide order dated February 5, 2021 has approved the Scheme of Amalgamation of REC Transmission Projects Company Limited ('Transferor Company') with REC Power Distribution Company Limited ('Transferee Company'), wholly owned subsidiaries of REC  2022 -REC has issued Bonus Shares in the Ratio of 1:3. 2020 -'REC conferred with PSE Excellence Award, 2019 as Runner Up in the Navratna & Maharatna category, for excellence in Corporate Governance.'. 2022 -The Company has issued Bonus Shares in the Ratio of 1:3. -REC conferred with Golden Peacock Award for Excellence in Corporate Governance for the year 2022. 2023 - REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors. 2024 -REC receives SCOPE Excellence Award for Digitalization. -REC Ltd and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects. -REC signs MoU with RVNL for financing infrastructure projects worth Rs 35,000 cr

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Parent Organisation

REC Ltd.

Founded

25/07/1969

Managing Director

Mr.Vivek Kumar Dewangan

NSE Symbol

RECLTDEQ

FAQ

The current price of REC Ltd is ₹ 375.30.

The 52-week high for REC Ltd is ₹ 384.75 and the 52-week low is ₹ 373.00.

The market capitalization of REC Ltd is currently ₹ 98824.90. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy REC Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in REC Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase REC Ltd shares.

The CEO of REC Ltd is Mr.Vivek Kumar Dewangan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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