REC Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 27, 2025
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REC Limited, a Maharatna Central Public Sector Enterprise and one of India's largest power sector NBFCs, has issued the notice for its 56th Annual General Meeting on Wednesday, August 27, 2025 at 11:00 AM, to be held via video conferencing. The annual report for FY 2024-25 is also being sent to shareholders, which highlights a record net profit of ₹15,713 crore on total income of ₹55,980 crore, with a loan book of ₹5.67 lakh crore (about 11% year-on-year growth) and highest-ever disbursements of ₹1,91,185 crore. Shareholders of record on the cut-off date of August 20, 2025 can vote electronically between August 24 and August 26, 2025. The AGM will also seek approval for a final dividend of ₹2 per share, taking the total FY25 dividend to ₹18 per share (subject to shareholder approval), with payout within 30 days of the AGM.
This is a routine procedural filing confirming the AGM date, e-voting window, and proposed dividend. For shareholders, the key dates to note are the August 20 record date for voting eligibility and the final dividend proposal, which combined with the strong FY25 earnings (record profit and 11% loan book growth) underscores REC's consistent shareholder return track record.