REC Limited — Dividend/Bonus, 19-03-2025: Record Date
19-03-2025 · 12:46 pm
REC Limited has announced a board meeting to declare a fourth interim dividend of ₹3.60 per equity share for the financial year 2024-25. The record date for this dividend is set for March 26, 2025, with payments to be dispatched on or before April 16, 2025. Shareholders must ensure their names are recorded as of the record date to receive the dividend. Additionally, dividend income is taxable, and the company will deduct tax at source as per the Income Tax Act, with shareholders able to submit documents for potential lower TDS rates by the record date.
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