REC Limited, a Maharatna company under the Government of India, has announced a board meeting on March 19, 2025, to consider the declaration of the fourth interim dividend for the financial year 2024-25. The company has also implemented a temporary trading window closure until March 21, 2025.
REC Limited, a Maharatna company under the Government of India specializing in financing power sector projects, has announced that its board of directors will convene on March 19, 2025, to consider the declaration of the fourth interim dividend for the financial year 2024-25. The meeting aligns with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
As part of compliance with the company’s Code of Conduct for regulating, monitoring, and reporting trading activities, REC Limited has also declared a temporary trading window closure for its equity shares and listed securities. The trading window will remain closed from March 13, 2025, to March 21, 2025, and will reopen on March 22, 2025. During this period, designated persons and their immediate relatives are advised not to trade REC’s equity shares or listed securities.
The decision on the fourth interim dividend will be closely monitored by investors and stakeholders, as REC Limited continues to play a pivotal role in financing power infrastructure projects across India.
The company, headquartered in New Delhi, operates regional offices across major cities, including Bengaluru, Mumbai, Kolkata, and Chennai, providing financial assistance for power generation, transmission, and distribution projects. With its Maharatna status, REC Limited has significantly contributed to India’s energy sector development.
The outcome of the board meeting and the final decision on the interim dividend will be disclosed after the meeting on March 19, 2025.
