REC Limited — Board Meeting, 07-03-2025: Outcome of Board Meeting

The Board of Directors of REC Limited has announced a board meeting where they approved an increase in the Market Borrowing Programme from ₹60,000 Cr to ₹80,000 Cr for the financial year 2024-25. This revision allows for greater flexibility in raising funds through various debt instruments such as Bonds, Term Loans, and Commercial Papers on a private or public placement basis. The funds will be raised periodically, subject to the necessary approvals.