REC Debt & Borrowing: ₹2,100 Cr
REC Ltd fully redeemed its 7.52% 2026 NCDs at maturity on 7 November 2026. Rs.2,100 Crore principal was repaid to holders.
- Value
- ₹2,100 Cr
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REC Ltd fully redeemed its 7.52% 2026 NCDs at maturity on 7 November 2026. Rs.2,100 Crore principal was repaid to holders.
REC Ltd paid Rs.147.54 Crore interest on its 7.52% 2026 NCDs on 7 November 2026. Interest was paid on the due date, with no default reported.
REC Ltd fully redeemed two bond series totaling ₹3,200 Crore on 31 Oct 2026. The 6.23% (₹1,200 Cr) put option and 7.55% (₹2,000 Cr) maturity series were settled.
REC Limited paid yearly interest on three listed NCD series, totalling about Rs.1,143 Crore, on 31 October 2026. The payments cover its 6.23%, 7.55% and 7.71% bonds.
REC Limited intimated that Executive Director J.K. Nayak ceased to hold that role effective 30 October 2026. He was appointed Chairman & Managing Director of IREDA.
REC is aggressively scaling its loan book to ₹6.17 lakh Cr, leveraging a massive ₹2.56 lakh Cr order book while maintaining near-zero net NPAs.
REC Limited declared an interim dividend of Rs.3.5 per share for 2026-27. Record date is 30 October 2026, with payment by 21 November 2026.
REC Ltd reported revenue from operations of ₹15,000 Cr (-1.0% YoY) and net profit of ₹3,478 Cr (-21.2% YoY) for Q2 FY27.
REC Limited disclosed incorporation of Bikaner V Part D Power Transmission Limited, a wholly owned subsidiary via RECPDCL. Cash consideration of ₹0.05 Crore was paid for 100% subscription.
REC Limited disclosed incorporation of three wholly owned power transmission subsidiaries. Each has paid-up capital of ₹5,00,000 and no turnover yet.
REC Limited successfully completed the full redemption of Commercial Papers worth ₹3,000 Crore on the maturity date of October 22, 2026.
REC Limited confirmed the timely redemption and payment of its commercial papers due on October 22, 2026, in compliance with SEBI regulations.
REC Limited announced a board meeting on October 26, 2026, to consider financial results for the quarter ended September 30, 2026, and a potential dividend.
REC Limited received 'No Objection Letters' from BSE and NSE for its proposed merger with Power Finance Corporation Limited. This marks a key regulatory process step.
REC Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31(1)(b).
REC Limited paid ₹3.84 Crore as annual interest on its 8.54% NCD. The coupon was settled on the October 12, 2026 due date.