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REC Limited — Important, 30-05-2025: General Updates
30-05-2025 | 05:49 pm
30-05-2025 | 05:49 pm
REC Limited has announced a board meeting to consider the financial results for the quarter and half-year. Its subsidiary, REC Power Development and Consultancy, sold its entire stake in WRNES Talegaon Power Transmission to Adani Energy Solutions for ₹14.55 Cr plus expense reimbursement. The SPV had minimal turnover and net worth, reflecting a strategic portfolio pruning by REC with no material financial impact.
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