REC Ltd - 532955 - Board Meeting Outcome for Outcome Of Board Meeting - Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended December 31, 2022, Declaration Of 2Nd Interim Dividend For FY 2022-23 And Others Matters.
Outcome of Board Meeting - Submission of unaudited financial results (Standalone & Consolidated) for the quarter ended December 31, 2022, declaration of 2nd interim dividend for FY 2022-23 and others matters. REC Ltd - 532955 - Update on board meeting
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2023 ,inter alia, to consider and approve In compliance with the provisions of Regulation 29(1) of the SEBI (LODR) Regulations 2015, it is informed that the Board of Directors of REC Limited in its meeting scheduled on Monday, January 30, 2023, will inter-alia also consider a proposal for revision in market borrowing programme of the Company for the financial year 2022-23.
REC's dividend decision to be taken in board meet next week
REC shares have gained more than 28% in a year's period REC Ltd - 532955 - Sale And Transfer Of MP Power Transmission Package-I Limited To M/S Megha Engineering & Infrastructures Limited.
In continuation of our earlier letter dated December 6, 2022 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 MP Power Transmission Package-I 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 January 21, 2023 to M/s Megha Engineering & Infrastructures Limited, the successful bidder selected through tariff based competitive bidding process for 'Development of Intra-State Transmission Work in M.P. through Tariff Based Competitive Bidding: PACKAGE - I.' Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary of RECPDCL & REC. REC Ltd - 532955 - Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended December 31, 2022 And Declaration Of 2Nd Interim Dividend For FY 2022-23, If Any
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2023 ,inter alia, to consider and approve unaudited financial results (standalone & consolidated) of the Company for the quarter and nine months ended December 31, 2022 and to consider a proposal for declaration of 2nd interim dividend for the financial year 2022-23, if any. Further, in continuation of our earlier letter dated December 26, 2022 and in line with the Company's Code of conduct for regulating, monitoring and reporting of trading by designated persons and their immediate relatives, it is informed that the trading window will remain closed from January 1, 2023 to February 1, 2023 and during the said period, all designated persons and their immediate relatives have been advised not to deal in REC's equity shares/securities. Further, the trading window will open with effect from February 2, 2023. unaudited financial results (standalone & consolidated) of the Company for the quarter and nine months ended December 31, 2022 and to consider a proposal for declaration of 2nd interim dividend for the financial year 2022-23, if any. Further, in continuation of our earlier letter dated December 26, 2022 and in line with the Company's Code of conduct for regulating, monitoring and reporting of trading by designated persons and their immediate relatives, it is informed that the trading window will remain closed from January 1, 2023 to February 1, 2023 and during the said period, all designated persons and their immediate relatives have been advised not to deal in... REC Ltd - 532955 - Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended December 31, 2022 And Declaration Of 2Nd Interim Dividend For FY 2022-23, If Any
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2023 ,inter alia, to consider and approve unaudited financial results (standalone & consolidated) of the Company for the quarter and nine months ended December 31, 2022 and to consider a proposal for declaration of 2nd interim dividend for the financial year 2022-23, if any. Further, in continuation of our earlier letter dated December 26, 2022 and in line with the Company's Code of conduct for regulating, monitoring and reporting of trading by designated persons and their immediate relatives, it is informed that the trading window will remain closed from January 1, 2023 to February 1, 2023 and during the said period, all designated persons and their immediate relatives have been advised not to deal in REC's equity shares/securities. Further, the trading window will open with effect from February 2, 2023. REC Ltd - 532955 - Sale And Transfer Of WRSR Power Transmission Limited, Wholly Owned Subsidiary Of RECPDCL And Also Of REC.
In continuation of our earlier letter dated December 30, 2022 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 WRSR Power 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 January 17, 2023 to M/s Adani Transmission Limited, the successful bidder selected through tariff based competitive bidding process to establish 'ISTS Network Expansion scheme in Western Region & Southern Region for export of surplus power during high RE scenario in Southern Region.' Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary of RECPDCL & REC. REC Ltd - 532955 - Intimation Regarding The Execution Of Non-Binding Mous With Government Of Utter Pradesh And MP Power Management Company Limited - Reg
In compliance with provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, the following are submitted: i. On January 13, 2023, REC Limited has signed the non-binding MoUs with UP government to extend financial assistance during UP Global Investors Summit, Delhi, which will help State in employment generation as well as exponential growth in UP and ii. During MP Global Investors Summit 2023, REC has signed a non-binding MoU with MP Power Management Company Limited (MPPMCL) to extend financial assistance of ?15,086 crore for upcoming Sarani and Amarkantak thermal power projects, system improvement works, technology upgradation, renovation & modernization etc.
REC to provide aid to MP discoms, MPPMCL, Rewa Ultra Mega Solar project
REC has inked three separate pacts with MP Power Management Company Limited (MPPMCL), discoms in Madhya Pradesh and Rewa Ultra Mega Solar Ltd to this effect REC Ltd - 532955 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are enclosing herewith the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 as received from Registrar and Transfer Agent of the Company i.e. KFin Technologies Limited (Formerly KFin Technologies Private Limited) for the quarter ended September 30, 2022 in compliance of provisions of aforesaid Regulation.