REC Ltd Share Price REC Ltd

138.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

138.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

138.60

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

Corporate Action

Period From
Period To
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
Board Meeting - 23-Oct-2019 - -
Quarterly Results
Board Meeting - 18-Sep-2019 - -
The Company vide letter dated July 30, 2019 has intimated the appointment of Shri Sanjiv Garg, Executive Director (Finance), as the Chief Risk Officer (CRO) of the Company. Thereafter, the Board of Directors at its Meeting held on August 29, 2019 has appointed Shri Daljeet Singh Khatri, General Manager (Finance & Accounts), as the Chief Risk Officer (CRO) of the Company, in place of Shri Sanjiv Garg, Executive Director (Finance).
Board Meeting - 29-Jul-2019 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2019 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (LODR) Regulations, 2015, this is to inform that a Meeting of the Board of Directors of REC Limited will be held on Tuesday, August 6, 2019 inter-alia to consider and approve Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2019. Further, it is informed that as per Companys Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and their Immediate Relatives, the period of closure of Trading Window for trading in REC Equity Shares and Listed Debt Securities (Tax Free Bonds etc.) is from July 1, 2019 to August 8,2019 and Trading Window will open with effect from Friday, August 9, 2019. During the above mentioned closure period, all Designated Persons and their Immediate Relatives have been advised not to deal in RECs Equity Shares / Securities. In compliance of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Comptroller and Auditor General (C&AG) of India in exercise of powers conferred under Section 139 of the Companies Act, 2013, vide their letter dated August 1, 2019 has appointed S. K. Mittal & Co. and O. P. Bagla & Co. LLP as Statutory Auditors of the Company for the Financial Year 2019-20 & the same has been noted by the Board of Directors of the Company in its Meeting held on August 6, 2019. (As Per BSE Announcement Dated on 07.08.2019) In continuation of our letter dated July 29, 2019 on the subject cited above and in pursuance of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Unaudited Financial Results (Standalone & Consolidated) of the Company for the first quarter ended June 30, 2019 in the prescribed format which have been reviewed by the Audit Committee and approved & taken on record by the Board of Directors of the Company in their Meetings held on August 6, 2019. The Un-audited Standalone Financial Results have been subjected to Limited Review by M/s. G.S. Mathur & Co. and M/s. A.R. & Co., Chartered Accountants and a copy of the Limited Review Report is enclosed herewith for your reference and record. (As Per BSE Announcement dated on 06/08/2019)
Board Meeting - 04-Jul-2019 - -
Inter-alia, to consider a proposal for raising of funds through issue of unsecured/secured non-convertible bonds/debentures through Private Placement, upto an amount of Rs. 75,000 crore, in one or more tranches, subject to approval of shareholders in this regard in the ensuing Annual General Meeting (AGM) of the Company. The funds will actually be raised, from time to time, during a period of one year from the date of passing of resolution by the shareholders in the ensuing AGM, with the approval of Competent Authority as per powers delegated in this regard, by the Board of Directors in the said Meeting. In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of REC Limited in its 460th meeting held on July 10, 2019, inter-alia approved the proposal of raising of funds through issue of unsecured/secured non-convertible bonds/debentures through Private Placement, upto an amount of Rs 75,000 crore, in one or more tranches, subject to approval of shareholders in this regard in the 50th AGM scheduled to be held on August 29, 2019. The funds will actually be raised, from time to time, during a period of one year from the date of passing of resolution by the shareholders in the 50th Annual General Meeting, with the approval of competent authority as per powers delegated in this regard, by the Board of Directors in the said Meeting. (As Per BSE Announcement Dated On 10/07/2019) Pursuant to the Reserve Bank of India (RBI) notification DNBR (PD) CC.No.099/03.10.001/2018-19 dated May 16, 2019, the Board of Directors at its Meeting held on July 10, 2019 has appointed Shri Sanjiv Garg, Executive Director (Finance), as the Chief Risk Officer (CRO) of the Company. (As Per BSE Announcement Dated 30.07.2019)
Board Meeting - 13-May-2019 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2019 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (LODR) Regulations, 2015, this is to inform you that a Meeting of the Board of Directors of the Company will be held on Friday, May 24, 2019 inter-alia to consider and approve Annual Audited Financial Results (Standalone & Consolidated) of the Company for the Financial Year ended March 31, 2019. Further, as informed vide our letter dated April 3, 2019, the Trading Window is closed from April 4, 2019 till 48 hours after the declaration of the financial results for the quarter and year ended March 31, 2019 for trading in REC Equity Shares and Listed Debt Securities (Tax Free Bonds etc.) for all designated employees & their immediate relatives and other connected persons, in accordance with the provisions of SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 read with clarification issued by NSE & BSE on April 2, 2019. In continuation of our earlier letter dated May 13, 2019, on the above cited subject and in pursuance of SEBI (LODR) Regulations 2015, we are submitting herewith Annual Audited Financial Results (Standalone and Consolidated) of the Company along with Auditors Report thereon, with unmodified opinion, for the Financial Year ended March 31, 2019. The Annual Audited Financial Results have been reviewed by the Audit Committee and approved & taken on record by the Board of Directors of the Company in its respective Meetings held on May 24, 2019. Further, the disclosure of related party transactions on a consolidated basis in terms of Regulation 23(9) of SEBI (LODR) Regulations, 2015 is also enclosed herewith. Further, the Certificate from Debenture Trustee(s), required to be furnished under Regulation 52(5) of the SEBI (LODR) Regulations, 2015 will be submitted to Stock Exchanges on receipt of the same from the Debenture Trustee(s). (As Per BSE Announcement Dated 24.05.2019)
Board Meeting - 15-Mar-2019 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/03/2019 ,inter alia, to consider and approve a proposal relating to Market Borrowing Programme of the Company for the financial year 2019-20. In compliance with the provisions of Regulation 30 read with Schedule III of SEBI (LODR) Regulations 2015, this is to inform that the Board of Directors of REC Limited, in its Meeting held on 20th March, 2019, inter-alia approved i.Market Borrowing Programme under different debt segments for the financial year 2019-20 for an aggregate amount of Rs. 90,000 crore and ii. Incorporation of a Project Specific Special Purpose Vehicle (SPV), as Wholly Owned Subsidiary Company of REC Transmission Projects Company Limited for Construction of 765/ 400/ 220 kV GIS substation, Rampur and 400/ 220/ 132 kV GIS substation, Sambhal with associated transmission lines allocated by UPPTCL to be implemented through tariff based competitive bidding route. (As Per BSE Announcement Dated On 20/03/2019)
Board Meeting - 21-Feb-2019 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/02/2019 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (LODR) Regulations, 2015, this is to inform that a Meeting of the Board of Directors of REC Limited will be held on Thursday, February 28, 2019, inter-alia to consider a proposal relating to declaration of Interim Dividend, if any, for the Financial Year 2018-19. Further it is informed that as per Companys Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of the Company will be closed on account of declaration of Interim Dividend, if any, for all designated employees for the period from February 22, 2019 to March 2, 2019 (both days inclusive) for trading in equity shares and listed debt securities. The Trading Window will open from March 3, 2019 for trading in equity shares and listed debt securities. During this period, all connected persons including designated employees and their dependent family members are required not to deal in RECs equity shares/securities The Board Meeting to be held on 28/02/2019 has been revised to 28/02/2019 In compliance with the provisions of Regulation 29(1) of the SEBI (LODR) Regulations 2015, it is informed that the Board of Directors of REC Limited, in its Meeting scheduled to be held on February 28, 2019, will consider the following proposals:- 1. Modification in limits of the existing Market Borrowing Programme for the financial year 2018-19; 2. Approval of Market Borrowing Programme under different debt segments for the financial year 2019-20; 3. Proposal for launch of Capital Gains Tax Exemption Bonds (Series XIII) under Section 54 EC of the Income Tax Act, 1961 for raising of funds during the financial year 2019-20. The funds under the above-mentioned Market Borrowing Programmes will actually be raised during the respective period, with the approval of competent authority as per powers delegated in this regard, by the Board of Directors in the said Meeting. (As Per BSE Announcement Dated on 25/02/2019) In supersession of our earlier letter dated February 26, 2019 and considering that March 4, 2019 is a Trading Holiday on account of Maha Shivratri, it is now informed that the Record Date for payment of Interim Dividend on equity paid-up share capital of the Company for the Financial Year 2018-19, if any, declared at the Board Meeting to be held on February 28, 2019, will be Tuesday, March 12, 2019 instead of March 9, 2019, as earlier intimated. (As Per BSE Announcement Dated On 27/02/2019) In compliance with the provisions of Regulation 30 of the SEBI (LODR) Regulations 2015, this is to inform that the Board of Directors of REC Limited, in its Meeting held on 28th February, 2019, inter-alia approved the following:- a)Declaration and payment of Interim Dividend @ Rs.11/- (Rupees Eleven only) per equity share of Rs.10/- each for the Financial Year 2018-19. The said Interim Dividend will be paid/dispatched on Tuesday, March 19, 2019. b)Modification in limits of the existing Market Borrowing Programme under various debt segments, for the financial year 2018-19 from Rs.60,000 crore to Rs.85,000 crore. c)The proposal relating to Market Borrowing Programme under different debt segments for the financial year 2019-20, was deferred by the Board. d)Launch of Capital Gains Tax Exemption Bonds (Series XIII) under Section 54EC of the Income Tax Act, 1961 for raising of funds on private placement basis for Rs.2,500 crore with green shoe option to retain over subscription. Pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015, it is hereby informed that REC Limited has fixed Saturday, March 9, 2019 as the Record Date for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend on Equity Paid-up Share Capital of the Company for the Financial Year 2018-19, if any, declared at the Board Meeting of the Company to be held on Thursday, February 28, 2019. The said Interim Dividend shall be paid/dispatched to those shareholders whose names appear: a)as beneficial owners in the statement(s) furnished by the Depository(ies) as on the close of business hours on Saturday, March 9, 2019 in respect of shares held in electronic form; and b)as Members in the Register of Members after giving effect to all valid share transfer requests in physical form lodged with the Company/R&TA as on the close of business hours on Saturday, March 9, 2019, subject to provisions of Section 126 of the Companies Act, 2013. In compliance with the provisions of Regulation 30 of the SEBI (LODR) Regulations 2015, this is to inform that the Board of Directors of REC Limited, in its Meeting held on 28th February, 2019, inter-alia approved the following:- a)Declaration and payment of Interim Dividend @ Rs.11/- (Rupees Eleven only) per equity share of Rs.10/- each for the Financial Year 2018-19. The said Interim Dividend will be paid/dispatched on Tuesday, March 19, 2019. b)Modification in limits of the existing Market Borrowing Programme under various debt segments, for the financial year 2018-19 from Rs.60,000 crore to Rs.85,000 crore. c)The proposal relating to Market Borrowing Programme under different debt segments for the financial year 2019-20, was deferred by the Board. d)Launch of Capital Gains Tax Exemption Bonds (Series XIII) under Section 54EC of the Income Tax Act, 1961 for raising of funds on private placement basis for Rs.2,500 crore with green shoe option to retain over subscription. (As Per BSE Announcement Dated on 28.02.2019)
Board Meeting - 22-Jan-2019 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/02/2019 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (LODR) Regulations, 2015, this is to inform that a Meeting of the Board of Directors of REC Limited will be held on Friday, February 8, 2019 inter-alia to consider and approve Un-audited Financial Results of the Company for the third quarter and nine months ended December 31, 2018. Further it is informed that as per Companys Code of Conduct for Prohibition of Insider Trading, the trading window will be closed for all designated employees for the period (i) from January 24, 2019 to February 10, 2019 (both days inclusive) for trading in REC Equity Shares and (ii) from February 1, 2019 to February 10, 2019 (both days inclusive) for trading in REC Listed Debt Securities (Tax Free Bonds etc.). The Trading Window will open from February 11, 2019 for trading in REC Equity Shares and REC Listed Debt Securities (Tax Free Bonds etc.). In continuation of our letter dated January 22, 2019 on the subject cited above and in pursuance of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Un-audited Standalone Financial Results of the Company for the third quarter and nine months ended December 31, 2018 in the prescribed format, which have been reviewed by the Audit Committee and approved & taken on record by the Board of Directors of the Company in their Meetings held on February 8, 2019. The Un-audited Standalone Financial Results have been subjected to Limited Review by the Statutory Auditors of the Company and a copy of the Limited Review Report is enclosed herewith for your reference and record. (As Per BSE Announcement Dated On 08/02/2019)
Board Meeting - 27-Nov-2018 - -
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/12/2018 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (LODR) Regulations, 2015, it is hereby informed that a Meeting of the Board of Directors of REC Limited will be held on Wednesday, December 5, 2018, inter-alia to consider and approve the Un-audited (Standalone) Financial Results of the Company for the second quarter ended September 30, 2018. Further, it is informed that as per Companys Code of Conduct for Prohibition of Insider Trading, the trading window will be closed for all designated employees and their dependent family members, for the period from November 28, 2018 to December 7, 2018 (both days inclusive) for trading in Equity Shares and Listed Debt Securities. The Trading Window will open from December 8, 2018 for trading in Equity Shares and Listed Debt Securities (Tax Free Bonds etc.). During this period, designated employees and their dependent family members are required not to deal in RECs Equity Shares/ Securities. In continuation of our earlier letter dated November 26, 2018 and pursuant to SEBI (LODR) Regulations, 2015, we are submitting herewith the Unaudited Standalone Financial Results of the Company for the second quarter ended September 30, 2018. The unaudited Standalone Financial Results have been reviewed by the Audit Committee and approved & taken on record by the Board of Directors of the Company in their Meetings held on December 5, 2018. The unaudited Standalone Financial Results have been subjected to Limited Review by Statutory Auditors of the Company i.e. M/s. G.S. Mathur & Co., Chartered Accountants and M/s. A.R. & Co., Chartered Accountants and a copy of the Limited Review Report is enclosed herewith for your reference and record. (As Per BSE Announcement Dated On 05/12/2018) In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform that the Board of Directors of REC Limited in its 450th meeting held on December 5, 2018, inter-alia approved the proposals for :- 1. Incorporation of Joint Venture Company between REC Transmission Projects Company Limited (RECTPCL) and Maharashtra State Electricity Transmission Company Limited (MSETCL) for exploration of new business opportunities in Power Sector in India and abroad; 2. Sale and transfer of Jawaharpur Firozabad Transmission Limited, a wholly-owned subsidiary of RECTPCL and also of REC (in terms of Section 2(87) of the Companies Act, 2013), to M/s Power Grid Corporation of India Limited, which has emerged as the Successful Bidder (L1), through Tariff Based Competitive Bidding Process, for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines. (As Per BSE Announcement Dated on 06.12.2018)