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REC Limited sold its SPV subsidiary Jalna Power Transmission Ltd for ₹0.32 Crore. The transaction removes the entity from REC's consolidated structure.
REC Limited completed the sale of its subsidiary, Mekhali Power Transmission Limited, to Dilip Buildcon Limited for ₹8.06 Crore. The cash transaction finalized on May 30, 2026.
REC Limited sold its subsidiary, Hampapura Power Transmission Limited, to Resonia Limited for ₹8.61 Crore. The cash transaction involves a non-related party and was executed at arm's length.
REC Limited's subsidiary transferred two project-specific SPVs to successful bidders for ₹16.67 Crore. These entities are no longer subsidiaries of the company.
REC Limited incorporated three new wholly-owned transmission subsidiaries with a combined capital of ₹0.15 Crore. These entities will manage interstate power transmission projects.