RECLTDNSEREC Limited· Financial InstitutionHighPositive
Announced Mon, 16 Mar · 14:58 IST

REC Limited has informed the Exchange that Board of Directors at its meeting held on March 16, 2026, declared Interim Dividend of Rs. 3.20 per equity share.

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RECLTD · price

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Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹331.20
prior close
₹334.45
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AI summary

REC Limited's Board of Directors, at its meeting on March 16, 2026, declared a 4th interim dividend of Rs. 3.20 per equity share (32%) on a face value of Rs. 10 for the financial year 2025-26. The record date has been fixed as Friday, March 20, 2026, and the dividend will be paid on or before April 14, 2026. The dividend will be credited electronically, and shareholders are advised to update their bank account details with their depository or the company's RTA. TDS will be deducted at applicable rates as per the Income Tax Act, 1961, and shareholders claiming lower or nil TDS must submit required documents by March 20, 2026.

Likely market impact

Shareholders holding REC shares as of March 20, 2026 will receive Rs. 3.20 per share as interim dividend, with payment by April 14, 2026. This is the fourth interim dividend of FY 2025-26, indicating consistent shareholder returns from the company.