REC Ltd - 532955 - Postal Ballot Notice Dated July 8, 2022.
In compliance with Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015 and in furtherance of our earlier letter dated June 30, 2022, please find enclosed the Postal Ballot Notice dated July 8, 2022. The remote e-voting period shall commence on Monday, July 11, 2022 (0900 hours) and will end on Tuesday, August 9, 2022 (1700 hours). 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 June 30, 2022 in compliance of provisions of aforesaid Regulation.
REC announces bonus shares issue in 1:3 ratio, fixes record date
REC's board has recommended the issue of bonus shares to the shareholders of the company REC Ltd - 532955 - Record Date For The Final Dividend FY 2021-22.
The Board of Directors has fixed Wednesday, July 13, 2022 as the Record date for determining the eligibility of members for final dividend 2021-22 of Rs. 4.80 per share, subject to approval of shareholders at the ensuing AGM. REC Ltd - 532955 - Record Date For Bonus Issue, If Approved By The Shareholders.
Record date for the Bonus issue, if approved by the shareholders will be Thursday, August 18, 2022. REC Ltd - 532955 - Board Meeting Outcome for Outcome Of Board Meeting Held On June 30, 2022
The Board of Directors of the Company, in its meeting held on June 30, 2022 has approved the following: 1. Board of Directors has fixed Wednesday, July 13, 2022 as the Record date for determining the eligibility of members for final dividend 2021-22 of Rs. 4.80 per share, subject to approval of shareholders at the ensuing AGM. 2. The Board of Directors has recommended the issue of Bonus shares to the shareholders of the Company in the ratio of 1:3, i.e. one (1) bonus equity share of RS. 10/- each fully paid-up for every three (3) existing equity shares of RS. 10/- each fully paid- up, to the eligible members. 3. The Board of Directors has fixed Tuesday, July 5, 2022 as the cut-off date for determining the eligibility of shareholders to vote by electronic means to seek approval of shareholders through postal ballot for issue of bonus shares, as detailed above and appointment of Shri Vivek Kumar Dewangan (DIN: 01377212) as Chairman & Managing Director of the Company.
Dividend paying stock to consider bonus share issue. Details here
Dividend paying stock: Board of directors of REC Limited will consider issue of bonus share on 30th June 2022 REC Ltd - 532955 - Board Meeting Intimation for Consideration Of Proposal Relating To Issue Of Bonus Shares To The Equity Shareholders Of The Company.
REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2022 ,inter alia, to consider and approve a proposal for issue of Bonus shares to the equity shareholders of the Company in the ratio, as it may deem fit by way of capitalization of reserves, subject to approval of shareholders. Further, the trading window of REC Limited shall remain closed for all designated persons and their immediate relatives from June 20, 2022 till 48 hours after the declaration of the financial results for the quarter ending June 30, 2022, for trading in equity shares and listed securities (tax free bonds etc.). The trading window will open 48 hours after the declaration of the financial results for the quarter ending June 30, 2022. REC Ltd - 532955 - Sale And Transfer Of Rajgarh Transmission Limited, Wholly Owned Subsidiary Of RECPDCL And Also Of REC.
In continuation of our earlier letter dated April 28, 2022 on above cited subject, it is informed that after receipt of consideration comprising of professional fee for 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 Rajgarh 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 May 30, 2022 to G R Infraprojects Limited, the successful bidder selected through tariff based competitive bidding process, for development of 'Transmission system for evacuation of power from RE projects in Rajgarh (2500 MW) SEZ in Madhya Pradesh. Hence, with effect from the aforesaid date, the above project specific SPV is not a subsidiary of RECPDCL & REC. REC Ltd - 532955 - Compliances-Reg.24(A)-Annual Secretarial Compliance
This has reference to compliance under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular no. CIR/CFD/CMD1/27/2019, dated February 8, 2019 for filing 'Annual Secretarial Compliance Report'. In this regard, we are enclosing herewith "Annual Secretarial Compliance Report" of REC Limited issued by M/s. Hemant Singh & Associates, Company Secretaries, for the year ended on March 31, 2022 for your information and record.