REC Limited (RECLTD) — Announcement | 30 May 2026

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📢 Key Event
REC exits two power transmission SPVs via sale to external bidders.

🔄 What Changed
Subsidiaries no longer part of REC Limited group.

💡 Investor Takeaway
Shareholders see no direct financial impact but should note the strategic exit from non-core power transmission assets.

REC Limited announced the sale and transfer of two project-specific SPVs, Hampapura Power Transmission Limited and Mekhali Power Transmission Limited, to Resonia Limited and Dilip Buildcon Limited respectively, effective May 30, 2026, following receipt of consideration by its subsidiary RECPDCL. The transaction marks the exit from these subsidiaries after full asset and liability transfer at par value, with negligible financial impact and no related party or slump sale implications.

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About REC Limited (RECLTD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹91,070.05 Cr P/E: 5.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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