REC sells two project companies after competitive bidding

Strategic Transactions View source PDF Explain this filing

RECLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹374.90

prior close

₹379.50

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.5%-0.4% vs market

Financial Institution peers, median of 7sector+1.3%-1.3% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty 100 and 1.3 pts less than its Financial Institution peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.3

15m

-0.0

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.5-0.4+1.3-1.3

Next day

+0.4+0.6-0.1+1.2-0.8

+0.0+0.6-0.6+1.3-1.3

-0.5+0.3-0.8+1.0-1.5

+0.1+0.9-0.8+1.1-1.0

-1.5+0.7-2.2+0.2-1.6

+1.0+0.7+0.3+1.8-0.8

15d

-3.5+0.6-4.1-0.5-2.9

-3.5+1.6-5.1-3.1-0.5

-8.4+1.4-9.8-10.4+2.0

-4.4-2.1-2.3-8.5+4.1

UpDownMarket · Nifty 100Sector · Financial Institution peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

On October 17, 2025, REC's wholly owned RECPDCL sold all 50,000 shares in each of Ananthapuram II Power Transmission and SR WR Power Transmission, including assets and liabilities. Consideration was Rs 7.70 crore and Rs 0.63 crore respectively, plus Rs 0.63 crore expense reimbursement for each. Buyers were Shivalaya Construction and Power Grid Corporation of India. The units had negligible financial contribution and are no longer REC subsidiaries.

Likely market impact

The sold units had negligible financial contribution, so the modest cash inflow should have little effect on REC's earnings or share price.