REC Declares Interim Dividend of ₹4.25 Per Share; Announces Board Decisions and Financial Outcomes

REC Declares Interim Dividend of ₹4.25 Per Share; Announces Board Decisions and Financial Outcomes​

REC Limited, a Government of India Enterprise, has announced several key outcomes following its Board Meeting held on July 24, 2026. The company declared its first interim dividend for the financial year 2026-27 and finalized the record date for various shareholder matters. Additionally, REC made strategic appointments concerning its corporate governance structure.

The Board of Directors reviewed and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were subjected to a Limited Review by two independent accounting firms: Kailash Chand Jain & Co and SCV & Co. LLP.

Dividends and Shareholder Records​

REC announced the first interim dividend of ₹4.25 per equity share for the financial year 2026-27. The record date for shareholders to be eligible for this dividend has been set as July 31, 2026, with payment scheduled on or before August 23, 2026.

Furthermore, a record date of Friday, August 14, 2026, has been fixed for the final dividend of ₹0.55 per equity share for the financial year 2025-26. This payment is subject to approval by shareholders at the ensuing Annual General Meeting (AGM) and will be paid on or before September 24, 2026.

Corporate Governance and Appointments​

The company also utilized its Board meeting to make critical appointments:

• Smt. Poonam Chauhan was appointed as a Part-time Non-Official (Independent) Director with effect from July 21, 2026. Smt. Chauhan holds a Master of Arts in English and has extensive experience in social development and healthcare.
• Shri Mukul Agarwal was appointed as the Internal Auditor of the Company effective August 1, 2026. Shri Agarwal is General Manager (Finance & Accounts) at REC Limited.

Financial Highlights (Three Months Ended June 30, 2026)​

The unaudited standalone and consolidated financial results provide insights into the company's operational performance during the quarter ended June 30, 2026.

Standalone Financial Performance Summary

Consolidated Financial Performance Summary
The consolidated results encompass REC Limited and its subsidiary, REC Power Development and Consultancy limited. Key financial metrics are summarized below (in crores):

Lending and Credit Risk Metrics​

Details regarding provisioning on loan assets were also reviewed. The data shows the current status of various asset classes:

Other Business Updates​

The company confirmed that the operational business segment is solely focused on lending in the power, logistics, and infrastructure sectors. Furthermore, the Board reviewed the status of secured non-convertible debt securities issued by the company as at June 30, 2026, noting security coverage ratios for both listed and unlisted instruments.

The unaudited results were prepared in accordance with Indian Accounting Standard (Ind AS) 34 'Interim Financial Reporting', along with relevant accounting principles generally accepted in India.

RECLTD Stock Price Movement​

Today, REC Limited shareholders benefited as the stock rallied to settle at ₹361.60 in post-market trading, reflecting a gain of 0.71%. The equity traded within a solid range during the session, reaching a high of ₹364.50 from a low of ₹354.90.