StockWatch
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Financial Institution
Dividend26 Oct 2026, 04:50 pm

REC Ltd Declares 2nd Interim Dividend of ₹3.50 for FY27

AI Summary

REC Ltd announced the outcome of its Board Meeting held on October 26, 2026. The Board approved the unaudited financial results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, which were subjected to a limited review by the statutory auditors. Additionally, the company declared its 2nd interim dividend of ₹3.50 per equity share for the financial year 2026-27. The record date for this dividend is October 30, 2026, and payment will be made on or before November 21, 2026. Shareholders are reminded that dividend income is taxable, and they must submit necessary documents for lower/nil TDS by November 1, 2026.

Key Highlights

  • REC Ltd approved unaudited financial results for Q2 FY27 and H1 FY27.
  • Declared 2nd interim dividend of ₹3.50 per equity share for FY27.
  • Record date for dividend payment is October 30, 2026.
  • Dividend payment to be completed by November 21, 2026.
  • Shareholders must submit TDS-related documents by November 1, 2026.