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REC share news, announcements and annual reports

NSE: RECLTDBSE: 532955FinanceMid Cap

REC Limited · Formerly Rural Electrification Corporation · Face value ₹10 · Listed Mar 2008
Last close ₹285.60down ₹10.55 (3.56%)BSE ₹285.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹296.15.

30 Oct: open ₹293.70, high ₹293.85, low ₹283.10

52-week range of traded prices to 30 Oct 2026
₹283.10Low, 30 Oct 2026₹387.80High, 6 Jan 2026
Market cap
₹75,205 Cr117th largest listed
P/E
4.98
P/B
0.79
Dividend yield
5.99%
ROE
16.9%
NIM
3.74%
Cost of funds
7.17%
Credit cost
0.04%
ROA
2.60%
Leverage
7.68times net worth
Volume, NSE
37,74,77058.3% delivered

REC share news and announcements

1,044 announcements, routine notices left out, newest first. Page 20 of 21.

  1. Jan 2011

  2. Dec 2010

    • 20 Dec · Updates

      Ministry of Power vide its dated July 14, 2009, appointed REC Transmission Projects Company Limited (RECTPCL), a wholly owned subsidiary of Rural Electrification Corporation Limited (REC), as Bid Process Coordinator (BPC) to identify successful bidders through tariff based bidding process for establishment of Transmission System Associated with Krishnapattnam UMPP-Synchronous interconnection between Southern Region (SR) and Western Region (WR) (Part-B) Raichur-Sholapur 765kV S/C line-I" ('Project'). Accordingly, RECTPCL formed a project specific Special Purpose Vehicle (SPV) namely Raichur Sholapur Transmission Company Limited (RSTCL), as its wholly owned subsidiary Company, with Authorized and Paid up Capital of Rs. 5 Lakh, divided into 50,000 Equity Shares of Rs. 10/- each. In response to the Request for Proposal (RfP) for this project, RECTPCL received 20 Financial Bids and based on the recommendations of the Bid Evaluation Committee (BEC), the Board of Directors of RECTPCL in its Meeting held on December 15, 2010, approved the name of Consortium of M/s. Patel Engineering Ltd, M/s. Simplex Infrastructure Ltd. & M/s. BS TransComm Ltd. as successful bidder for issuance of Letter of Intent (LOI) for above project and Letter of Intent has been issued to successful bidder on December 16, 2010. Subsequently, the Board of Directors of Rural Electrification Corporation Limited (REC) in its meeting held on December 16, 2010, has approved a proposal for sale and transfer of 50,000 Equity Shares of Raichur Sholapur Transmission Company Limited (RSTCL), presently held by REC Transmission Projects Company Limited (RECTPCL) and its nominees, to Consortium of M/s Pate! Engineering Ltd, M/s. Simplex Infrastructure Ltd. & M/s. BS TransComm Ltd. and their nominees, substantially upon the terms & conditions as detailed in the Share Purchase Agreement to be executed between the RECTPCL, RSTCL and Consortium led by M/s. Patel Engineering Limited for establishment of Transmission System Associated with Krishnapattnam UMPP-Synchronous interconnection between SR and WR (Part-B) Raichur-Sholapur 765kV S/C line-I", subject to obtaining necessary approval from the Ministry of Power.
    • 20 Dec · Management

      Ministry of Power vide Office Order dated December 20, 2007 had conveyed the appointment of following three Non-official Part-time Directors on the Board of REC Limited for a period of three years with effect from the date of issue of the order i.e. December 20, 2007 or until further orders, whichever event occurs earlier. (1) Shri Venugopal N. Dhoot, Chairman, Videocon Group of Companies, Mumbai; (2) Dr. M. Govinda Rao, Director, National Institute of Public Finance and Policy; (3) Shri P.R.Balasubramanian, Retired CMD, FACT. The three-year tenure of above Independent Directors has come to an end on December 19, 2010 and accordingly, they cease to be Directors of REC Limited with effect from that date.
  3. Nov 2010

    • 29 Nov · Updates

      The Board of Directors of the Company in its meeting held on Monday, the 29th November, 2010, has approved a proposal for Foreign Currency Borrowings not exceeding US $ 500 Million under Approval Route, by way of Issuing Unsecured Senior US $ denominated Bonds (the "Notes") under Regulation S of the U.S. Securities Act, 1933, in the International Capital Markets, in accordance with the Master Circular dated 1st July, 2010 issued by the Reserve Bank of India (RBI) on External Commercial Borrowings (ECB). These Notes are proposed to be listed at Singapore Stock Exchange or such other foreign Stock Exchanges as deemed fit by the Company.
  4. Oct 2010

    • 25 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 198767 lacs for quarter ending on 30-SEP-2010 against Rs. 153244 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 61821 lacs for the quarter ending on 30-SEP-2010 against Rs. 49436 lacs for the quarter ending on 30-SEP-2009.
    • 1 Oct · Updates

      Reserve Bank of India (RBI) vide its Press Release No. 2010-2011/457 dated September 30, 2010, have enhanced the limit for purchase of equity shares and convertible debentures of Rural Electrification Corporation Limited by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme from 24 per cent to 35 per cent of its paid up capital.
  5. Sep 2010

    • 30 Sep · Board meeting

      To consider and approve Un-audited Financial Results of the Company for the quarter ended September 30, 2010.
    • 20 Sep · Updates

      With IFC Status, REC can now take an additional lending exposure of up to 5% of its owned funds in case of a single borrower as well as up to 10% of its owned funds in case of a single group of borrowers. The total permissible exposures would thus be 40% of owned funds in case of single group of borrowers. In addition, REC becomes eligible for issuance of Infrastructure Bonds and for raising funds up to US $ 500 million through External Commercial Borrowing (ECB) in a year.
    • 20 Sep · Updates

      Rural Electrification Corporation Limited has been categorized as an Infrastructure Finance Company in terms of instructions contained in Bank's Circular CC No. 168 dated February 12, 2010
  6. Jul 2010

    • 28 Jul · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from August 26, 2010 to September 08, 2010 (both days inclusive) for the purpose of ensuing Annual General Meeting of the Company and declaration of Final Dividend for the year 2009-10. The Annual General Meeting of the Company will be held on September 08, 2010.
    • 21 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 187707 lacs for quarter ending on 30-JUN-2010 against Rs. 144935 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 58736 lacs for the quarter ending on 30-JUN-2010 against Rs. 47182 lacs for the quarter ending on 30-JUN-2009.
    • 8 Jul · Board meeting

      To consider and approve Un-audited Financial Results of the Company for the quarter ended June 30, 2010.
  7. Jun 2010

    • 17 Jun · Management

      As per Office Order dated 16th June, 2010 issued by the Ministry of Power, Government of India, Dr. J.M. Phatak, IAS (MH:78), has been appointed as CMD, REC with effect from afternoon of 15th June, 2010, until further orders. Dr Phatak has assumed the charge as CMD, REC on 15th June, 2010 afternoon
  8. May 2010

    • 19 May · Dividend

      During the fourth quarter of 2009-10, the Company paid an Interim Dividend of Rs. 3.00 per share (on face value of Rs. 10/- each) for the year 2009-10. The Board of Directors in their meeting held on May 19, 2010 has recommended final dividend of Rs. 3.50 per share (on the face value of Rs. 10/- each) for the year 2009-10, subject to approval of the shareholders in the ensuing Annual General Meeting. The total Dividend (including interim dividend ) for the financial year 2009-10 is Rs. 6.50 per share (on the face value of Rs. 10/- each).
    • 19 May · Results

      Consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 643085 lacs for year ending on 31-MAR-2010 against Rs. 466493 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 202225 lacs for the year ending on 31-MAR-2010 against Rs. 127352 lacs for the year ending on 31-MAR-2009.
    • 19 May · Results

      Standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 643085 lacs for year ending on 31-MAR-2010 against Rs. 466493 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 200142 lacs for the year ending on 31-MAR-2010 against Rs. 127208 lacs for the year ending on 31-MAR-2009.
    • 19 May · Results

      Standalone Results for the quarter ended on 31-MAR-2010 as follows: Net Sales of Rs. 179586 lacs for quarter ending on 31-MAR-2010 against Rs. 133702 lacs for the quarter ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 56117 lacs for the quarter ending on 31-MAR-2010 against Rs. 38804 lacs for the quarter ending on 31-MAR-2009.
    • 11 May · Updates

      As per Notification dated April 30, 2010 issued by the Ministry of Power, Government of India, Shri P. Uma Shankar, I.A.S., CMD, REC Ltd. has been appointed as Secretary, Ministry of Power, Government of India with effect from the afternoon of April 30, 2010 until further orders.
    • 3 May · Board meeting

      Meeting of the Audit Committee will be held on May 18, 2010 to review the Audited Annual Accounts and Financial Results for the year ended March 31, 2010, and thereafter a Meeting of the Board of Directors of the Company will be held on May 19, 2010 to consider and approve the Audited Annual Accounts and Financial Results for the year ended March 31, 2010 and recommendation of Final Dividend, if any, to the equity shareholders of the company for the year 2009-10.
  9. Apr 2010

    • 27 Apr · Results

      Company would be submitting Audited Financial Results for the financial year ended March 31, 2010 within 60 days of the end of the financial year i.e. on or before May 30, 2010. Hence, the Company will not be submitting the Un-audited Fiancial Results for the quarter ended March 31, 2010.
  10. Mar 2010

    • 9 Mar · Allotment / Others

      "Allotment of Fresh issue of 12,87,99,000 Equity Shares of Rs.10/- each and allocation of Offer for Sale of 4,29,33,000 Equity Shares Rs.10/- each of Rural Electrification Corporation Limited to successful bidders in FPO". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 6 Mar · Offer for sale

      Members of the Exchange are hereby requested to note the following regarding the offer for sale of 42933000 equity shares of Rs.10/- each of Rural Electrification Corporation Limited by the President of India : 'The Depositories (NSDL and CDSL) have informed the Exchange that credits to the respective accounts have been carried out'. The said 42933000 equity shares are already listed on the Exchange w.e.f. March 12, 2008 as intimated vide circular no. NSE/CMLS/10421 dated March 10, 2008.
    • 3 Mar · Updates

      Vide its letter dated March 02, 2010 that: "The Prospectus in respect of Follow-on Public Offer (FPO) of REC Limited Of 171,732,000 Equity Shares has been filed with the Registrar of Companies (ROC), NCT of Delhi and Haryana on 2nd March,2010."
  11. Feb 2010

    • 18 Feb · Follow on Public Offer of Equity Shares

      Empowered Group of Ministers (EGoM) of the Government of India, in its meeting held on February 17, 2010, has decided as under: a) fixing the floor price for Further Public Offer of REC at Rs.203/- (Rupees two hundred three only) per equity share; b) offer a discount of Rs.10/- (Rupees Ten only) per share on the above floor price to eligible employees submitting bids in the Employee Reservation Portion; and c) the minimum bid lot has been decided as 30(Thirty) equity shares and in multiple of 30(Thirty) equity shares thereafter. Further, as already intimated in our letter of 25.01.2010, the bidding for the proposed FPO issue will be under the 'Alternate Book Building Procedure' as prescribed in Part D of Schedule XI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.
  12. Jan 2010

    • 29 Jan · Board meeting

      Interalia, to consider and recommend to the Empowered Group of Ministers (EGoM) of the Government of India, the floor Price relating to the proposed Follow on Public Offer (FPO) of 171,732,000 Equity shares of the Company. The meeting of EGoM is scheduled to be held on February 17, 2010 when the final decision on the Floor Price is likely to be taken.
    • 25 Jan · Updates

      Red Herring Prospectus in respect of Proposed Follow-on Public Offer (FPO) of the Company of 171,732,000 Equity Shares has been filed with the Registrar of Companies (ROC), NCT Of Delhi and Haryana on January 25, 2010. Further, the Company has informed that, the FPO Issue of the Company will open on February 19, 2010 for bidding under the 'Alternate Book Building Procedure' as prescribed in Part D of Schedule XI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, and the Issue closes on February 23, 2010.
    • 25 Jan · Board meeting

      The Board of Directors of REC in their meeting held today (i.e. 23rd January, 2010), inter-alia, have approved the Red Herring Prospectus (RHP) for the proposed Follow-on Public Offer (FPO) of REC
    • 15 Jan · Board meeting

      Inter alia to consider and approve the Red Herring Prospectus (RHP) for the proposed Follow-on-Public Offer (FPO) of REC.
    • 13 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 165320 lacs for quarter ending on 31-DEC-2009 against Rs. 123377 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 47407 lacs for the quarter ending on 31-DEC-2009 against Rs. 31865 lacs for the quarter ending on 31-DEC-2008.
    • 5 Jan · Board meeting

      Meeting on 13 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
  13. Dec 2009

    • 30 Dec · Dividend

      Board of Directors in their meeting held on December 30, 2009 have decided, inter-alia, to pay Interim Dividend at the rate of Rs.3/- per equity share on the face value of fully paid up equity shares of Rs.10/- each for the financial year 2009-10.
    • 16 Dec · Board meeting

      Inter alia, to consider declaration of Interim Dividend for the year 2009-10. Further, the Company has fixed January 05, 2010 as the "Record Date" for the purpose of ascertaining the eligibility of the Shareholders for payment of Interim dividend, if declared by the Board. It is also hereby intimated that the Interim Dividend on Equity Shares for the year 2009-10, if declared at the above Board Meeting, will be paid on or after January 12, 2010 .
    • 4 Dec · Meeting

      Minutes of the Proceedings of the Extra-Ordinary General Meeting of Rural Electrification Corporation Limited held on November 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 3 Dec · Follow-on Public Offer

      Rural Electrification Corporation Limited had informed the Exchange regarding approval from the Government of India for Follow-on Public Offer (FPO). The Company has now informed the Exchange that "Our Company has filed today i.e. 03.12.2009 the Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI) , National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE) in connection with Follow-on Public Offer (FPO) of the Company of 171,732,000 Equity Shares of Rs. 10 each constituting 20% of existing paid-up capital."
  14. Nov 2009

    • 25 Nov · Meeting

      Special Resolution passed at the Extra Ordinary General Meeting (EGM) of the Company held on November 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Nov · Results

      Consolidated Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 298179 lacs for half year ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 96690 lacs for the half year ending on 30-SEP-2009.
    • 16 Nov · Board meeting

      To consider and approve Consolidated Audited/ Financial Results of the Company for the Half year ended September 30, 2009, in connection with the proposed follow-on Public Offer (FPO) of the Company.
    • 10 Nov · Follow on Public Offer of Equity Shares

      Vide its letter dated November 10, 2009 that "In continuation of our letter dated 16.10.2009 regarding consideration of Follow-on Public Offer (FPO) of Equity Shares in the Board Meeting, it is informed that the Ministry of Power (MOP) vide its letter No. 44/20/2009-RE dated 9th November, 2009 has conveyed their approval for Follow-on Public Offer (FPO) of the Company of 171,732,000 Equity Shares of Rs. 10 each constituting 20 % of existing paid-up capital".
  15. Oct 2009

    • 29 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 298179 lacs for half year ending on 30-SEP-2009 against Rs. 211386 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 96618 lacs for the half year ending on 30-SEP-2009 against Rs. 58135 lacs for the half year ending on 30-SEP-2008.
    • 29 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 153244 lacs for quarter ending on 30-SEP-2009 against Rs. 111802 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 49436 lacs for the quarter ending on 30-SEP-2009 against Rs. 30879 lacs for the quarter ending on 30-SEP-2008.
    • 23 Oct · Meeting

      Notice of Extraordinary General Meeting of the Company to be held on November 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 21 Oct · Meeting

      Pending receipt of approval of the Government of India, an Extraordinary General Meeting of the Company will be held on November 24, 2009 for obtaining the consent of members for the proposed Follow-on Public Offer by passing a Special Resolution as per Section 81(1A) of the Companies Act, 1956.
    • 16 Oct · Board meeting

      Board of Directors of the Company in its meeting held on October 16, 2009 has approved the proposal of Follow-on Public Offer (FPO) of Equity Shares, subject to approval of the Government of India, and authorized the Chairman and Managing Director (CMD) of the Company for convening Extra Ordinary General Meeting (EGM) for seeking approval of Members.
    • 14 Oct · Board meeting

      Meeting on 29 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
    • 12 Oct · Meeting

      Minutes of the proceedings of the Annual General Meeting of the Company held on September 19, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.