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.
REC Limited is selling its subsidiary, Jam Khambhaliya Jamnagar Power Transmission Limited, to Ceigall India Limited for a consideration of ₹18.40 Crore.
REC Limited sold its subsidiaries Jam Khambhaliya Jamnagar Power Transmission Ltd and Lakadia II Power Transmission Ltd for a total consideration of ₹36.82 Crore.
RECPDCL, a REC subsidiary, incorporated Bikaner V Part A Power Transmission Ltd for a 6GW transmission project. The SPV will transfer to the successful TBCB bidder post-selection.
REC Ltd incorporated three wholly-owned transmission subsidiaries—Bikaner V Part A, Part B, and Mirzapur—under RECPDCL. They will bid for transmission projects and transfer to bidders.
REC Ltd successfully redeemed 7.77% Series 227-A bonds upon maturity. The company paid Rs. 2,670 Crore to debenture holders on September 30, 2026.
REC Limited has successfully paid interest and principal redemptions for several NCD series. The total disbursement for interest and redemption amounts to ₹3,449.41 Crore.
REC Limited successfully paid a total interest of Rs. 768.71 Crore across five bond series. Payments were made on the due date of September 30, 2026.
REC Limited confirmed the payment of interest and redemption of multiple NCD series totaling ₹3,267.41 Crore. This fulfillment of debt obligations follows SEBI Listing Regulations.
REC Ltd acknowledged NSE and BSE notices regarding board composition non-compliance. The company is seeking a waiver of the aggregate ₹0.16 Crore in fines imposed.
REC Limited sold its subsidiary, Balsane Power Transmission Limited, to Resonia Limited for ₹5.59 Crore following a competitive bidding process.
REC Ltd successfully paid interest on six series of its debentures, amounting to a total of ₹377.33 Crore, on the due date of September 28, 2026.
REC Ltd transferred its entire stake in Ranipur Chunar Power Transmission Ltd to H G Infra Engineering Ltd for Rs.1.88 Crore.
REC Limited has successfully paid a semi-annual interest of ₹167.36 Crore for its NCD Series GOI-VIII. The payment corresponds to a ₹4,000 Crore issue size.
REC Limited has issued a Put Option notice to bondholders of Series 211 Bonds. Bondholders can exercise the option for redemption of bonds totaling ₹1,200 Crore.