REC Limited — Dividend/Bonus, 06-02-2025: Dividend

The Board of REC Limited has declared an interim dividend of ₹4.30 per equity share for the fiscal year 2024-25, with the record date set for February 14, 2025. The dividend will be distributed on or before March 6, 2025, to shareholders whose names appear in the register of members or those registered as beneficial owners with depositories as of the record date. The company will withhold tax at source (TDS) as required by law. Additionally, REC has formed a joint venture with Mahagenco Renewable Energy Limited for renewable energy project development, with a shareholding ratio of 50:50, pending necessary approvals.