REC Ltd - 532955 - Disclosure Of Related Party Transactions.
The disclosure of related party transactions on a consolidated basis in terms of Regulation 23(9) of SEBI (LODR) Regulations, 2015 is also enclosed herewith17-05-2023
17-05-2023
REC Ltd - 532955 - Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended March 31, 2023.
Audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Year ended March 31, 2023.17-05-2023
REC Ltd - 532955 - Board Meeting Outcome for Outcome Of Board Meeting
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 Board Meeting held on May 17, 2023, inter-alia considered and approved the followings:- 1. Audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Year ended March 31, 2023. 2. Incorporation of Project Specific (SPVs), as Wholly Owned Subsidiary Companies of REC Power Development and Consultancy Limited for 04 (Four) Inter-State Transmission Projects to be implemented through tariff based competitive bidding mode. The proposed SPVs will also be subsidiary companies of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013. 3. Appointment of Shri Hemant Kumar, CGM (Finance) as Chief Compliance Officer of REC Limited for a period of three years with effect from May 6, 2023, in terms of RBI's Guidelines/Circulars.17-05-2023
REC Ltd - 532955 - Board Meeting Intimation for Consideration Of Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Year Ended March 31, 2023.
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2023 ,inter alia, to consider and approve the audited financial results (standalone & consolidated) of the Company for the quarter and year ended March 31, 2023. Further, it is informed that as per Company's code of conduct for regulating, monitoring and reporting of trading by Designated Persons and their immediate relatives; and as informed vide our letter dated March 29, 2023, the trading window is closed from April 1, 2023 till 48 hours from the date of Board Meeting in which the financial results for the quarter and year ended March 31, 2023 would be approved, for trading in equity shares and listed debt securities (tax free bonds etc.) of the Company for all designated persons and their immediate relatives.09-05-2023
REC Chairman flags off first fleet of electric staff vehicles in Gurugram
REC Chairman and Managing Director Vivek Kumar Dewangan on Thursday flagged off the first fleet of electric staff vehicles in Gurugram. In a path towards a green future, REC Ltd has set a target of replacement of all conventional staff vehicles with electric vehicles by 2024-25, a company statement said. "In a transition to EV mobility, Vivek Kumar Dewangan, Chairman & Managing Director (CMD), REC Limited flagged off the first fleet of Electric Vehicles (EV) on Thursday at REC World Headquarters, Gurgaon," it stated. Dewangan also inaugurated a fast charging station, which is powered by a rooftop 1 MW (approx) solar plant and therefore, the EV fleet will run on green power, contributing to zero pollution. The inauguration of the REC Control Room was also done by Dewangan, which is a single-point service provider for all the requirements of REC employees. It will act as a coordination point among different departments for the employees of the corporation, minimising employees'...04-05-2023
REC lists $750 million green bonds on international stock exchanges at GIFT City
The green bond issuance by REC reinforces its status as one of the most accomplished and frequent issuers in the international capital markets03-05-2023
REC Ltd - 532955 - Sale And Transfer Of KPS1 Transmission Limited To M/S Megha Engineering & Infrastructures Limited.
In continuation of our earlier letter dated March 31, 2023 on above cited subject, it is informed that after receipt of consideration comprising of professional fees of Bid Process Coordination, interest cost and reimbursement of expenditure incurred on the project by REC Power Development & Consultancy Limited (RECPDCL), wholly owned subsidiary of REC, the entire shareholding of KPS1 Transmission Limited, comprising of 50,000 equity shares, presently held by RECPDCL, has been transferred at par value along with all its assets and liabilities on April 20, 2023 to M/s Megha Engineering & Infrastructures Limited, the successful bidder selected through tariff based competitive bidding process for 'Transmission scheme for injection beyond 3 GW RE power at Khavda PS1 (KPS1) ' Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary of RECPDCL & REC.21-04-2023
REC Ltd - 532955 - Submission Of Certificate Under Regulation 40(9) & (10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended March 31, 2023.
In terms of Regulation 40(9) & (10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Certificate for the financial year i.e. from April 1, 2022 to March 31, 2023 issued by M/s. Savita Jyoti Associates, Practicing Company Secretary, in due compliance of the said regulations.18-04-2023
REC Ltd - 532955 - Submission Of Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 For The Year Ended March 31, 2023
This is to certify that the activities in relation to Share Transfer facility are maintained at/ by M/s KFin Technologies Limited, Hyderabad (Registered with SEBI), the Registrar and Transfer Agent of REC Limited. Accordingly, the same is attached.17-04-2023