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The latest update is out from REC Limited ( (IN:RECLTD) ).
REC Limited’s board has approved a fourth interim dividend of Rs 3.20 per equity share for the 2025-26 financial year, representing 32% of the face value of Rs 10 per share. The record date has been set for March 20, 2026, with dividend payments to be completed on or before April 14, 2026 to eligible shareholders.
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 or nil deduction documents are submitted by March 20, 2026. REC also noted that, pursuant to recent listing regulation changes, dividend payouts will now be made exclusively via electronic transfer, prompting investors to update bank details through their depository participants or the company’s registrar for seamless credit of funds.
More about REC Limited
REC Limited is a Government of India-owned Maharatna company operating in the power sector, providing financing and support for energy and infrastructure projects across India. With registered offices in New Delhi and a corporate office in Gurugram, the company serves a broad base of stakeholders in the power industry through its regional and state offices nationwide.
Average Trading Volume: 531,654
Technical Sentiment Signal: Hold
Current Market Cap: 873.3B INR
For a thorough assessment of RECLTD stock, go to TipRanks’ Stock Analysis page.