REC Declares ₹3.20 Fourth Interim Dividend for FY26; Payment by April 14

REC Limited has officially declared its fourth interim dividend of ₹3.20 per equity share (32% on face value of ₹10) for the financial year 2025-26, following the board meeting held on March 16, 2026. The company has set March 20, 2026 as the record date for determining eligible shareholders, with dividend payments to be completed by April 14, 2026.

Dividend Declaration Details

The board of directors approved the dividend proposal during their meeting on March 16, 2026, in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 2:00 p.m. and concluded at 2:40 p.m., marking the fourth interim dividend distribution for the current financial year.

Dividend Details: Information Dividend Amount: ₹3.20 per equity share (32%) Face Value: ₹10 per share Record Date: March 20, 2026 Payment Date: By April 14, 2026 Financial Year: 2025-26 Board Meeting Date: March 16, 2026 Dividend Type: 4th Interim Dividend

Payment Mode and Shareholder Requirements

Pursuant to recent amendments in the Listing Regulations, dividend payments will be made exclusively through electronic mode. The provision for remittance via physical instruments such as cheques or warrants has been discontinued. Shareholders are advised to update their bank account details to enable seamless credit of dividends.

Share Holding Type: Action Required Demat Form: Contact Depository/DP to update bank details Physical Form: Contact Company's RTA to update KYC and bank details Eligibility: Names in beneficial owner statement/register as on March 20, 2026

Tax Deduction Requirements

As per the Income Tax Act, 1961, dividend income is taxable in shareholders' hands, and the company is required to deduct tax at source (TDS) at prescribed rates. Shareholders desiring lower tax deduction or exemption must submit scanned copies of PAN, Form 15G/15H, and other requisite documents for FY 2025-26 by March 20, 2026. Documents can be submitted via email at virenders@alankit.com with copy to recigr@alankit.com , or through the weblink: https://einward.alankit.com/ . No communication regarding tax determination will be entertained after March 20, 2026.

Shareholder Benefits

The declaration of ₹3.20 per share as the fourth interim dividend reflects REC's consistent approach to profit distribution and commitment to providing regular returns to shareholders. This systematic dividend policy demonstrates the company's strong financial performance and robust cash flow management during the ongoing financial year.

Source: None/Company/INE020B01018/b84f3a6b-7ab7-47d1-8530-bef4bb8b03f8.pdf

REC Limited has announced the completion of tenure of its Independent Director Shri Narayanan Thirupathy, marking the end of his three-year appointment on the company's board. The company informed both NSE and BSE about this board change in compliance with regulatory requirements.

Director Appointment Details

Shri Narayanan Thirupathy was appointed as Part-time Non-Official (Independent) Director through a Ministry of Power order dated March 3, 2023. His appointment carried the Director Identification Number (DIN) 10063245 and was structured for a specific tenure period.

Parameter: Details Director Name: Shri Narayanan Thirupathy DIN: 10063245 Position: Part-time Non-Official (Independent) Director Appointment Date: March 3, 2023 Tenure Period: Three years Appointing Authority: Ministry of Power, Government of India

Tenure Completion

The director's tenure concluded as per the original appointment terms. His three-year period ended on March 2, 2026, and he officially ceased to be a director of REC with effect from March 3, 2026.

Regulatory Compliance

REC Limited made this disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Dinesh Garg, Company Secretary and Compliance Officer, and communicated to both stock exchanges where the company's shares are listed.

The notification ensures transparency regarding board composition changes and maintains compliance with corporate governance requirements for listed companies.

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