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The latest announcement is out from REC Limited ( (IN:RECLTD) ).
REC Limited’s board has declared a fourth interim dividend for the 2025-26 financial year at 32%, equivalent to ₹3.20 per equity share with a face value of ₹10. The record date has been set for March 20, 2026, with dividend payouts to eligible shareholders to be completed on or before April 14, 2026.
The company has reiterated that dividend income will be taxable in the hands of shareholders and that tax will be deducted at source in line with the Income Tax Act, 1961, unless valid lower deduction or exemption documents are submitted by March 20, 2026. In line with recent regulatory changes, REC will now remit dividends exclusively via electronic transfer, urging investors to update their bank details to ensure seamless credit, which underscores the broader industry shift away from physical payment instruments and towards fully digital shareholder servicing.
More about REC Limited
REC Limited is a Government of India-owned Maharatna company operating in the power sector, focused on financing and supporting power infrastructure projects across the country. With registered offices in New Delhi and corporate operations in Gurugram, REC plays a key role in funding energy initiatives and enabling growth in India’s electricity and related infrastructure markets.
Average Trading Volume: 531,654
Technical Sentiment Signal: Hold
Current Market Cap: 873.3B INR
For an in-depth examination of RECLTD stock, go to TipRanks’ Overview page.