Rec Ltd

REC board approves raising up to Rs 1.7 lakh crore in FY26 via debt, shares decline 2%

Shares of the REC traded under selling pressure on Wednesday, down 3.76 percent to Rs 426.1 per share on the NSE.

Diwali Stock Picks for Samvat 2081: Nirmal Bang bets on Archean Chemical, LTTS, Jyoti Resins, others

Archean Chemicals, Five Star Business Finance, LTTS, Transformers & Rectifiers India and REC Ltd are among the top stock picks for Samvat 2081 from Nirmal Bang.

REC gets RBI nod to set up subsidiary in GIFT City

The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.

REC Board approves market borrowing programme worth Rs 1.6 lakh cr for FY25

REC Board approves Rs 1.45 lakh-crore market borrowing programme for FY25 through domestic bonds/debentures

REC board okays third interim dividend of Rs 4.5 per share

Earlier, the company has already announced two interim dividends, totalling Rs 6.5 per share for the current fiscal.

Bank of Baroda, REC, IREDA to float Rs 9,500-crore bonds today

Trucap Finance Ltd, Tata Capital Ltd, Aadhar Housing Finance, Dvara Kshetriya Gramin Financial Services Pvt Ltd, and Nirma Ltd will also raise funds today.

Pradhan Mantri Suryoday Yojana: REC Ltd made nodal agency; to lend Rs 1.2 lakh cr

REC said the latest scheme for households announced by PM Modi on January 22 would cover at least 10 GW of its 40 GW target of rooftop solar installations by 2026

REC raises around Rs 3,500 crore via Yen-denominated green bonds

The company has issued 5-year, 5.25-year and 10-year Green bonds, under its US$ 10 billion Global Medium Term Notes Programme.

REC to raise up to Rs 6,000 cr via two bond issues on November 23

A day earlier, on November 22, NABARD, SIDBI, and IRFC will issue bonds to mop up a total of upto Rs 13,000 crore.

Nine companies plans to float bonds worth Rs 4,936 crore today

Bidding for these bonds will take place on the electronic bidding platform of BSE and the National Stock Exchange of India.

REC to increase loan portfolio of green projects by 10 times to over Rs 3 lakh crore by 2030

Dewangan chaired the annual general meeting on September 6, which was attended by all directors on the board of the company. Many shareholders were present at the meeting through video conferencing.

ACME Group secures Rs 4,000-crore loan from REC for Oman green hydrogen project

The amount will be used to commence the first phase of the project, to be established at the Special Economic Zone (SEZ) in Duqm, Oman, a company statement said.