The board of REC in its meeting held on 06 February 2026 took note of the announcement made by the Hon`ble Finance Minister in the Union Budget 2026- 27 regarding proposed restructuring of Power Finance Corporation (PFC) and REC to achieve scale and improve efficiency in public sector NBFCs.In line with the above and based on the information presented as well as detailed deliberations in this regard, the Board of REC has accorded its in-principle approval to proceed with restructuring in the form of a merger of REC and PFC and to formulate a detailed merger proposal in accordance with applicable laws and regulations, ensuring that the merged entity continues to remain as a Government Company under the Companies Act, 2013 and other applicable laws. Powered by Capital Market - Live News

Net profit of REC declined 0.59% to Rs 4052.44 crore in the quarter ended December 2025 as against Rs 4076.35 crore during the previous quarter ended December 2024. Sales rose 5.23% to Rs 15017.70 crore in the quarter ended December 2025 as against Rs 14271.92 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales15017.7014271.92 5 OPM %95.5298.16 - PBDT5143.235187.28 -1 PBT5136.435180.97 -1 NP4052.444076.35 -1 Powered by Capital Market - Live News

REC announced that the Board of Directors of the Company at its meeting held on 29 January 2026, inter alia, have recommended the Third Interim dividend of Rs 4.6 per equity Share (i.e. 46%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

REC will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live News

Munak Power Transmission (CIN: U42202DL2026G0I461101) has been incorporated as wholly owned subsidiary of REC Power Development and Consultancy (RECPDCL- a wholly owned subsidiary of REC). The said company is also subsidiary company of REC. Powered by Capital Market - Live News