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  • REC seeks shareholders' nod to raise up to Rs 75,000 crore via bonds Sep 05, 2022 01:45 PM IST

    REC seeks shareholders' nod to raise up to Rs 75,000 crore via bonds

    The funds are proposed to be raised through issuance of debentures on private placement basis during a period of one year from the date of passing of the resolution, in one or more tranches, as per the AGM notice.

  • REC gets shareholders' nod to issue bonus share Aug 10, 2022 02:21 PM IST

    REC gets shareholders' nod to issue bonus share

    The company had proposed to issue one new (bonus) share for holding three existing shares to shareholders, as per a postal ballot notice of the REC.

  • REC Standalone June 2022 Net Sales at Rs 9,459.90 crore, down 1.33% Y-o-Y Aug 05, 2022 01:20 PM IST

    REC Standalone June 2022 Net Sales at Rs 9,459.90 crore, down 1.33% Y-o-Y

  • REC Consolidated June 2022 Net Sales at Rs 9,497.45 crore, down 1.39% Y-o-Y Aug 05, 2022 01:03 PM IST

    REC Consolidated June 2022 Net Sales at Rs 9,497.45 crore, down 1.39% Y-o-Y

  • REC shares decline as company recommends bonus shares Jul 01, 2022 09:53 AM IST

    REC shares decline as company recommends bonus shares

    The board has fixed August 18, 2022 as a record date for ascertaining entitlement of eligibility of shareholders for bonus shares.

  • Additional Power Secretary Vivek Kumar Dewangan appointed as CMD REC May 19, 2022 01:52 PM IST

    Additional Power Secretary Vivek Kumar Dewangan appointed as CMD REC

    New Delhi, May 19 Vivek Kumar Dewangan, an Additional Secretary in the Ministry Power, has been appointed as the CMD of state-owned REC Limited, ac..

  • REC Consolidated March 2022 Net Sales at Rs 9,633.37 crore, up 4.58% Y-o-Y May 16, 2022 09:33 AM IST

    REC Consolidated March 2022 Net Sales at Rs 9,633.37 crore, up 4.58% Y-o-Y

  • REC Standalone March 2022 Net Sales at Rs 9,580.10 crore, up 4.75% Y-o-Y May 16, 2022 09:00 AM IST

    REC Standalone March 2022 Net Sales at Rs 9,580.10 crore, up 4.75% Y-o-Y

  • Sold a property and faced with capital gains? Look at REC Capital Gains Tax Exemption Bonds-Series-XVI Apr 20, 2022 07:30 AM IST

    Sold a property and faced with capital gains? Look at REC Capital Gains Tax Exemption Bonds-Series-XVI

    You can invest up to Rs 50 lakh in a financial year in capital gains tax exemption bonds to minimise liabilities on long-term capital gains from transfer of capital assets.

  • REC board okays Rs 85,000 crore borrowing plan for 2022-23 Mar 21, 2022 07:08 PM IST

    REC board okays Rs 85,000 crore borrowing plan for 2022-23

    The total borrowing plan approved by the board is for Rs 85,000 crore for 2022-23. According to the filing, the company has planned to raise Rs 75,000 through the issuance of bonds, term loans, and external commercial borrowings.

  • REC Consolidated December 2021 Net Sales at Rs 10,037.05 crore, up 10.48% Y-o-Y Feb 04, 2022 05:11 PM IST

    REC Consolidated December 2021 Net Sales at Rs 10,037.05 crore, up 10.48% Y-o-Y

  • REC raises $1,175 million from a consortium of seven banks Jan 14, 2022 12:18 PM IST

    REC raises $1,175 million from a consortium of seven banks

    According to the statement, this is the single largest syndicated loan raised in the International Bank Loan market by any Indian NBFC.

  • REC Consolidated September 2021 Net Sales at Rs 10,048.02 crore, up 14.05% Y-o-Y Nov 01, 2021 12:00 PM IST

    REC Consolidated September 2021 Net Sales at Rs 10,048.02 crore, up 14.05% Y-o-Y

  • REC Standalone September 2021 Net Sales at Rs 10,039.14 crore, up 14.35% Y-o-Y Nov 01, 2021 12:00 PM IST

    REC Standalone September 2021 Net Sales at Rs 10,039.14 crore, up 14.35% Y-o-Y

  • Hot Stocks | Supreme Petrochem, REC, Tamilnadu Petroproducts can give up to 17% return in short term Oct 06, 2021 07:41 AM IST

    Hot Stocks | Supreme Petrochem, REC, Tamilnadu Petroproducts can give up to 17% return in short term

    Shitij Gandhi of SMC Global expects market to trade with bullish bias in the upcoming week as long as Nifty holds above 17,400-mark. Traders should use any dip to create fresh longs, he advises.

  • REC gets shareholder nod to raise up to Rs 85,000 crore via bonds, debentures Sep 27, 2021 09:16 PM IST

    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 Consolidated June 2021 Net Sales at Rs 9,631.61 crore, up 14.03% Y-o-Y Aug 10, 2021 10:44 AM IST

    REC Consolidated June 2021 Net Sales at Rs 9,631.61 crore, up 14.03% Y-o-Y

  • REC Standalone June 2021 Net Sales at Rs 9,587.35 crore, up 13.85% Y-o-Y Aug 10, 2021 09:44 AM IST

    REC Standalone June 2021 Net Sales at Rs 9,587.35 crore, up 13.85% Y-o-Y

  • REC Consolidated June 2021 Net Sales at Rs 9,631.61 crore, up 14.03% Y-o-Y Aug 06, 2021 01:52 PM IST

    REC Consolidated June 2021 Net Sales at Rs 9,631.61 crore, up 14.03% Y-o-Y

  • REC Standalone June 2021 Net Sales at Rs 9,587.35 crore, up 13.85% Y-o-Y Aug 06, 2021 01:41 PM IST

    REC Standalone June 2021 Net Sales at Rs 9,587.35 crore, up 13.85% Y-o-Y

  • Stock Mantra: After a year of underperformance, the tide seems to be turning in favour of REC Ltd Jul 14, 2021 12:43 PM IST

    Stock Mantra: After a year of underperformance, the tide seems to be turning in favour of REC Ltd

    The stock hit a 52-week high of Rs 167.75 on 9 June 2021 and since then, has been consolidating in a narrow range. But, the recent price action suggests that the stock could challenge its 52-week highs in the next 2-3 months.

  • REC raises $400 million via bonds Jul 07, 2021 06:15 PM IST

    REC raises $400 million via bonds

    The notes will be listed on London Stock Exchange's International Securities Market (ISM), Singapore Exchange (SGX-ST), Global Securities Market of India International Exchange (India INX) and NSE IFSC.

  • REC Consolidated March 2021 Net Sales at Rs 9,211.46 crore, up 17.47% Y-o-Y Jun 01, 2021 12:33 PM IST

    REC Consolidated March 2021 Net Sales at Rs 9,211.46 crore, up 17.47% Y-o-Y

  • REC Standalone March 2021 Net Sales at Rs 9,145.61 crore, up 16.66% Y-o-Y Jun 01, 2021 12:22 PM IST

    REC Standalone March 2021 Net Sales at Rs 9,145.61 crore, up 16.66% Y-o-Y

  • PFC, REC reduce lending rates by up to 2 percentage points from April 1 Mar 31, 2021 09:10 PM IST

    PFC, REC reduce lending rates by up to 2 percentage points from April 1

    The new lending rates will be effective from April 1, 2021. This initiative was undertaken to offer competitive rates, in line with the rates being offered by peers in the market.

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