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 Private Limited for the quarter ended September 30, 2021 in compliance of provisions of aforesaid Regulation. Hot moves: Reliance New Energy announces 8,600 cr worth buys
Acquires REC Solar for 5,792 cr; to buy 40% of Sterling and Wilson Solar for 2,845 cr REC: Floor, forbearance price limits removed
CERC will monitor to ensure that there is no hoarding of RECs REC Ltd - 532955 - Closure of Trading Window
This is to inform that in terms of Company''s "Code of conduct for regulating, monitoring & reporting of trading by designated persons & their immediate relatives" (''the Code''), the trading window for dealing in equity shares and listed debt securities (tax free bonds etc.) of REC Limited shall remain closed from October 1, 2021 till expiry of forty eight (48) hours after the declaration of financial results for the quarter ended September 30, 2021. During the above period of closure of trading window, all designated persons and their immediate relatives have been advised not to deal in REC''s Equity Shares/Securities. The date of Board Meeting of REC Limited for consideration and approval of financial results for the quarter ended September 30, 2021 will be intimated in due course.
REC gets shareholder nod to raise up to Rs 85,000 crore via bonds, debentures
The company had also proposed alteration to Objects Clause of Memorandum of Association of the company to explore business opportunity in other areas like funding of infrastructure projects like road, railways, ports, bridges, gas pipelines. REC Ltd - 532955 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
REC Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here REC Ltd - 532955 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
The consolidated voting results in terms of Regulation 44(3) of the SEBI (LODR) Regulations, 2015 and Scrutinizer''s Report dated September 24, 2021 are enclosed herewith. Based on the Report of the Scrutinizer, it is hereby informed that all resolutions as set out in the Notice of 52nd AGM of the Company have been duly approved & passed by the shareholders with requisite majority. REC Ltd - 532955 - Shareholder Meeting / Postal Ballot-Outcome of AGM
The 52nd Annual General Meeting of REC Limited (REC) was held on September 24, 2021. As per requirement of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the proceedings of the 52nd AGM of REC are enclosed herewith at Annexure I. The results of the matters that were put to vote, as required under Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 will be submitted separately. REC Ltd - 532955 - Submission Of Requisite Documents For Claiming Exemption From TDS Or Deduction Of Tax At Lower Rates, On Dividend To Be Paid To Shareholders.
This is in furtherance of our earlier letter dated August 5, 2021 inter-alia intimating about recommendation of final dividend @ ?1.71 per equity share of ?10/- each for the financial year 2020-21, subject to approval of shareholders at the ensuing AGM. The record date for the said final dividend was Friday, September 17, 2021. In this regard, it is pertinent to mention that pursuant to Finance Act, 2020, dividend income is taxable in the hands of shareholders w.e.f. April 1, 2020 and the Company is required to deduct tax at source (TDS) at the time of making payment of dividend, at the rates prescribed in the Income Tax Act, 1961. Accordingly, it is brought to the notice of shareholders to submit scanned copy of PAN, Form 15G/15H & other requisite documents for the financial year 2021-22, unless already submitted, on or before September 30, 2021, at e-mail ids mentioned in the letter attached. REC Ltd - 532955 - Approval Of Board Of Directors For Sale And Transfer Of MP Power Transmission Package-II Limited, Wholly-Owned Subsidiary Of RECPDCL And Also Of REC.
In compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, it is hereby informed that the Board of Directors of REC Limited in its 483rd meeting held on September 16, 2021, inter-alia approved the proposal for sale and transfer of MP Power Transmission Package-II Limited to the successful bidder, selected through Tariff Based Competitive Bidding Process.