StockWatch
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Financial Institution
Quarterly Result28 Apr 2026, 03:50 pm

REC Board recommends ₹1.55 final dividend; approves FY26 results

AI Summary

REC Ltd's Board of Directors, in a meeting held on April 28, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend of ₹1.55 per equity share for the financial year 2025-26. This final dividend, combined with interim dividends of ₹7 per equity share already declared, brings the total dividend for FY26 to ₹8.55 per equity share. The final dividend is subject to shareholder approval at the ensuing Annual General Meeting and will be paid electronically within 30 days of declaration. Shareholders are advised to update their bank account details for seamless electronic credit.

Key Highlights

  • Board approved audited Q4 and FY26 standalone and consolidated financial results.
  • Recommended a final dividend of ₹1.55 per equity share for FY26.
  • Total dividend for FY26, including interim dividends, is ₹8.55 per equity share.
  • Final dividend payment is subject to shareholder approval at the upcoming AGM.
  • Dividend payments will be made exclusively through electronic mode.