STOCKWATCH
·
Financial Institution
New Launch1 Jul 2025, 05:41 pm

REC Ltd Subsidiary, SR WR Power Transmission Limited, Incorporated for Inter-Regional Strengthening

AI Summary

REC Ltd, through its wholly owned subsidiary REC Power Development and Consultancy Limited (RECPDCL), has incorporated a new wholly owned subsidiary, SR WR Power Transmission Limited. The new company has been incorporated pursuant to a Ministry of Power Gazette Notification dated May 21, 2025, where RECPDCL was nominated as Bid Process Coordinator (BPC) for the Inter-Regional Strengthening between SR Grid and WR Grid. SR WR Power Transmission Limited is a related party of REC Limited, with the promoter, promoter group/group companies having no interest in the company except for its shareholding.

Key Highlights

  • REC Ltd subsidiary, SR WR Power Transmission Limited, incorporated for Inter-Regional Strengthening
  • Incorporated pursuant to Ministry of Power Gazette Notification dated May 21, 2025
  • REC Power Development and Consultancy Limited (RECPDCL) nominated as Bid Process Coordinator (BPC)
  • SR WR Power Transmission Limited is a related party of REC Limited
  • Promoter, promoter group/group companies have no interest in the company except for its shareholding
RECLTD
Financial Institution
REC Ltd

Price Impact