REC Limited held its 54th Annual General Meeting (AGM) today through Video Conferencing. Chairman & Managing Director Shri Vivek Kumar Dewangan chaired the meeting, which was attended by all Directors on the Board of the Company. Many shareholders were present at the meeting through Video Conferencing. Addressing the meeting, the CMD said: “REC is committed […]
REC doubles Market Cap in one year, figures in MSCI Global Standard Index
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has secured a coveted place in the esteemed Morgan Stanley Capital International (MSCI) Global Standard Index, effective from 1st September 2023. A recent report by Nuvama Alternative & Quantitative Research highlighted that REC stocks were considered strong contenders for the November 2023 […]
REC extends ₹ 4,785 Crore for HPCL Rajasthan Refinery’s project in Barmer – EQ Mag
REC Limited has extended a loan of ₹ 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL), for setting up a green field refinery cum petrochemical complex in Barmer district, Rajasthan. The loan has been extended as part of a consortium arrangement for ₹ 48,625 crores, wherein the share of REC Limited is ₹ 4,785 crores. […]
REC Limited to provide ₹ 3,045 Crores financial assistance to Bangalore Metro Rail Corporation Limited – EQ Mag
REC Limited, a Maharatna Central Public Sector Enterprise under the Union Ministry of Power, has decided to extend financial assistance of Rs. 3,045 crores to Bangalore Metro Rail Corporation Limited (BMRCL), for establishment and development of Metro Lines under Phase-II project of Bangalore Metro. The decision to extend the assistance was taken at the board […]
REC Limited lists its Green Bonds of USD 750 Million at GIFT IFSC Stock Exchanges – EQ Mag
REC Limited has undertaken an exclusive listing of its recently issued Green bonds of USD 750 million raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar today. Mr. Injeti Srinivas, Chairman, International Financial Services Centres Authority (IFSCA) was […]
REC Limited updated Offering Circular for its existing U.S.$ 7,000,000,000 Global Medium Term Note Programme – EQ Mag Pro
REC Limited updated Offering Circular for its existing U.S.$ 7,000,000,000 Global Medium Term Note Programme. For more information please see below link:
Inviting applications for the post of Executive Director in REC Limited. on deputation – EQ Mag Pro
Inviting applications for the post of Executive Director in REC Limited. on deputation. For more information please see below link:
REC Limited wins Platinum at Titan Business Award – EQ Mag Pro
REC Limited has received Platinum recognition at the prestigious Titan Business Awards. REC was declared the winner in two categories: Financial Services and Fastest-growing Company of the year. Amongst several organisations from across the globe that were recognised, REC is the only Indian CPSE to feature on the list.
Shri Vivek Kumar Dewangan takes charge as Chairman & Managing Director of REC Limited – EQ Mag Pro
Shri Vivek Kumar Dewangan, a 1993 batch Indian Administrative Service Officer of Manipur Cadre took charge as Chairman & Managing Director of REC Limited on 17th May, 2022. Speaking on the occasion, Shri Dewangan said “REC is a corporation of national importance and has always been and shall continue to be the Government’s biggest partner […]
Change in composition of the Board: REC Limited – EQ Mag Pro
Change in composition of the Board: REC Limited. For more information please see below link: