StockWatch
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Financial Institution
Board Meeting24 Jul 2026, 05:50 pm

REC Ltd Declares Interim Dividend, Sets Record Dates

AI Summary

REC Limited announced its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting on July 24, 2026. The company declared a first interim dividend of ₹4.25 per equity share for FY27, with a record date of July 31, 2026. Additionally, the record date for the final dividend for FY26 was set as August 14, 2026, with a dividend of ₹1.55 per share. The company also appointed Smt. Poonam Chauhan as an Independent Director and Shri Mukul Agarwal as Internal Auditor. Shareholders were reminded about TDS implications and the requirement to update bank details for electronic dividend payments.

Key Highlights

  • REC Ltd declared unaudited financial results for Q1 FY27.
  • First interim dividend of ₹4.25 per share declared for FY27.
  • Record date for FY27 interim dividend is July 31, 2026.
  • Final dividend of ₹1.55 per share for FY26 declared.
  • New Independent Director and Internal Auditor appointed.