Business EconomyPosted at: Oct 28 2026 1:22PM


REC declares interim dividend of Rs 3.50 per share for FY27

New Delhi, Oct 28 (UNI) State-owned REC Ltd has declared a second interim dividend of Rs 3.50 per equity share for the financial year 2026-27, the company said in a regulatory filing.
The dividend, amounting to 35 per cent of the face value of Rs 10 per share, was approved at a meeting of the company's board of directors held on October 26, 2026.
The record date for determining shareholders' eligibility for the dividend has been fixed as October 30, 2026. The payment will be made on or before November 21, 2026, according to the filing.
The board also approved the company's unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The results were reviewed by the audit committee and subjected to a limited review by the company's statutory auditors, G S Mathur & Co and S K Mehta & Co.
REC advised shareholders to update their bank account details to facilitate electronic payment of the dividend. Shareholders holding shares in dematerialised form have been asked to contact their depository participant, while those holding physical shares can update their bank and KYC details through the company's registrar and transfer agent.
The company also asked shareholders seeking lower or nil tax deduction at source on dividend income to submit the required PAN and other documents by November 1, 2026.
The board meeting commenced at 11.30 am on October 26, the filing said.UNI XC AAB
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Tags: #REC declares interim dividend of Rs 3.50 per share for FY27
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