REC announces final dividend of ₹1.55 per share for FY26

Arunika Jain — Tue, 28 Apr 2026 10:08:12 +0000

REC Limited, a prominent player in the Indian financial sector, has announced a final dividend of ₹1.55 per equity share for the financial year 2025-26. This decision was made during the company’s board meeting held on 28 April 2026. The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).

This final dividend is in addition to the interim dividends totalling ₹7 per share, which were declared in four tranches during the financial year 2025-26. Consequently, the total dividend for the year amounts to ₹8.55 per equity share, based on a face value of ₹10 each.

REC Limited has also released its audited financial results for the quarter and year ended 31 March 2026. The results, which include both standalone and consolidated financial statements, have been audited by the company’s joint statutory auditors, who have provided an unmodified opinion.

The company has emphasised that, following recent amendments to the Listing Regulations, dividend payments will be made exclusively through electronic means. Shareholders are advised to update their bank account details to ensure seamless credit of dividends. For shares held in dematerialised form, shareholders should contact their Depository Participant to update bank details. For shares held in physical form, shareholders should contact the company’s Registrar and Transfer Agent to update KYC and bank account details.

The board meeting, which commenced at 10:30 a.m., concluded at 3:15 p.m.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

REC seeks waiver of fines imposed for board composition non-compliance

Business Desk — Wed, 18 Mar 2026 11:53:09 +0000

REC Limited has approached stock exchanges to waive fines levied due to non-compliance with board composition regulations. The issue arose from a lack of independent directors, a situation beyond the company’s control as appointments are made by the Ministry of Power.

The company was fined for not meeting the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, during the quarter ending December 31, 2025. REC’s board discussed the matter on March 16, 2026, and resolved to follow up with the Ministry of Power to expedite the appointment process.

REC emphasised that as a government entity, the power to appoint independent directors lies with the President of India, through the Ministry of Power. Consequently, REC argues that the fines should be waived since the company has no direct control over the appointments.

The company has submitted a waiver request to the stock exchanges, highlighting that it has not violated any regulations and that the delay in appointments is due to external factors. REC has also requested the exchanges not to impose further penalties.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

REC Limited | Business Upturn

REC announces final dividend of ₹1.55 per share for FY26

REC seeks waiver of fines imposed for board composition non-compliance