Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 19 Mar 2025 | 26 Mar 2025 | 26 Mar 2025 | 3.6 | 36 | Interim 4 |
The Board declared 4th interim dividend Rs. 3.60 (Rupees Three and Paise Sixty only) per equity share on 10/- each for the financial year 2024-25. Further, the record date for the said interim dividend is Wednesday, March 26, 2025 and the said interim dividend shall be paid/dispatched on or before April 16, 2025 to those shareholders. | ||||||
Dividend | 6 Feb 2025 | 14 Feb 2025 | 14 Feb 2025 | 4.3 | 43 | Interim 3 |
Declaration of3 interim dividend @ f4.30/- (Rupees Four and Paise Thirty only) per equity share of~ I OI- each for the financial year 2024-25. Further, the record date for the sa id interim dividend is Friday, February 14, 2025 and the sa id interim dividend shall be paid / dispatched on or before March 6, 2025 to those shareh ol ders, whose names appear (i) as beneficial owne rs in the statement (s) furnished by the depository(ie s) as on the close of business hours on February 14, 2025 in respe ct of shares held in electronic form; and (ii) as members in the register of memb ers on February 14 , 2025 in respect of physical shares. | ||||||
Dividend | 26 Oct 2024 | 8 Nov 2024 | 8 Nov 2024 | 4 | 40 | Interim 2 |
Outcome of Board Meeting dated October 26, 2024. Declaration of 2nd interim dividend @4/- (Rupees Four ouly) per equity share of no 10/- each for the financial year 2024-25. Further, the record date for the said interim dividend is Friday, November 8, 2024 | ||||||
Dividend | 27 Jul 2024 | 9 Aug 2024 | 9 Aug 2024 | 3.5 | 35 | Interim |
Outcome of Board Meeting held on July 27, 2024. Declaration of Interim Dividend for the financial year 2024-25. | ||||||
Dividend | 30 Apr 2024 | 28 Jun 2024 | 28 Jun 2024 | 5 | 50 | Final |
Recommendation offmal dividend @ 5/ -(Rupees Five only) per equity share of 10/- each for the financial year 2023-24, subject to approval of shareholders in the ensuing Annual General Meeting (AGM). This is in addition to the Interim Dividend(s) of 11/- per equity share, already declared during the financial year 2023-24 in three tranches, thereby making total dividend for the Financial Year 2023 21 to n6l per equity share on face value of 10 each. Intimation of Record Date for final dividend for the financial year 2023-24. (As Per BSE Announcement dated on 18.06.2024) |
In an exchange filing, the company stated that it had obtained Rs 3,753 crore in term loan financing from REC Limited
The REC bond was priced at 4.78%, compared to 5.62% when the company raised $750 million through a five-year bond sale in April of last year.
According to the announcement, further negotiations are taking place about financing green energy corridors, wind turbine production, and the EV ecosystem, including charging infrastructure.
Here are some of the stocks that may see significant price movement today: REC, Torrent Power, Infosys, Biocon, etc.
The subsidiary was incorporated on August 14, 2024, under REC Power Development & Consultancy Ltd (RECPDCL), which is also a wholly-owned subsidiary of REC Ltd.
According to REC, the loan—which is worth $200 million—will be used to fund green projects that qualify in India.
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