REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In pursuance of Regulations 30 of SEBI (LODR) Regulations, 2015, we are forwarding herewith copies of newspaper clippings relating to Notice of 53rd Annual General Meeting & e-voting information of the Company published in 'Business Standard' (English) and 'Business Standard' (Hindi) edition of the newspapers on Thursday, August 25, 2022. REC Ltd - 532955 - Sale And Transfer Of Neemuch Transmission Limited, Wholly Owned Subsidiary Of RECPDCL And Also Of REC.
In continuation of our earlier letter dated August 5, 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 Neemuch 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 August 24, 2022 to M/s Power Grid Corporation of India Limited, the successful bidder selected through tariff based competitive bidding process, for development of 'Transmission System for evacuation of power from Neemuch SEZ.' Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary of RECPDCL & REC. REC Ltd - 532955 - Reg. 34 (1) Annual Report.
This is to inform that the 53rd AGM of REC Limited will be held on Friday, September 16, 2022 at 11.00 A.M. through video conferencing/other audio-visual means. In compliance with the provisions of the Companies Act, 2013 read with circulars issued by Ministry of Corporate Affairs and SEBI, from time to time, the Notice of 53rd AGM and Annual Report containing the financial statements for the financial year 2021-22, Auditors '' Report thereon, Board''s Report and other documents including BRSR, have been sent through e-mails on August 24, 2022, to all the members whose e-mail IDs are registered with the Company/Depository Participants (DP). Further, in pursuance of Regulation 34(1) of SEBl (LODR) Regulations, 2015, please find enclosed a soft copy of Annual Report of REC for FY 2021-22, inter-alia containing the Notice of 53rd AGM. The said Annual Report is also hosted on the Company''s website at the link: https://recindia.nic.in/uploads/files/REC-Annual-Report-FY-2021-22.pdf
REC Ltd Shares Trade Higher Riding On Bonus Issue Announcement
Shares of REC Ltd opened with an upwards trend on Wednesday as the stock started trading ex-bonus ahead of its bonus issue slated for tomorrow.
REC's record date for bonus shares issue next week. Key things to know
REC has fixed record date for ascertaining entitlement of Thursday, August 18, 2022 eligibility of shareholders for bonus shares REC Ltd - 532955 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In terms of the provisions of Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, please find attached the scanned copy of Notice published in newspapers about convening of 53rd Annual General Meeting of REC Limited through video conferencing/other audio visual means and Record date for Bonus Issue.
REC's bonus shares issue proposal gets shareholders' nod
REC Ltd last month had announced that its board has recommended bonus shares issue in the ratio of 1:3 REC gets shareholders' nod to issue bonus share
Shareholders to get one new equity share of Rs 10 each for every three equity shares held by them REC Ltd - 532955 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
REC Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here REC Ltd - 532955 - Results Of Postal Ballot - Notice Dated July 8, 2022
The voting results in terms of Regulation 44(3) of the SEBI (LODR) Regulations, 2015 and Scrutinizer''s Report dated August 9, 2022 are attached herewith. Based on the report of Scrutinizer, it is hereby informed that two resolutions as set out in the Postal Ballot Notice dated July 8, 2022 of the Company have been approved by the shareholders with requisite majority.