REC (RECLTD) — Announcement

📢 Key Event
REC incorporates Kukshi Alirajpur Transmission as wholly owned subsidiary

💡 Investor Takeaway
The creation of a new transmission subsidiary signals REC's expansion into power infrastructure, potentially boosting long-term growth prospects.

REC Limited announced the incorporation of Kukshi Alirajpur Transmission Limited, a wholly owned subsidiary of its power arm REC Power Development and Consultancy Limited, to execute an intra-state transmission project in Madhya Pradesh. The new entity was incorporated on July 29, 2026 following a government allocation and will be transferred to a successful bidder after the bidding process. This move strengthens REC's foothold in power transmission and aligns with its role as a bid process coordinator for government projects.

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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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