REC Limited — Others, 10-06-2025: Title Search Report

REC Limited has announced a board meeting on a proposal regarding its leased land asset in Vadodara, Gujarat, measuring 999 sq.mtrs. The land, owned by Vadodara Municipal Corporation, is leased to REC for 99 years from 1999 with renewal rights. Legal review affirms REC’s clear title and possession, subject to standard registration checks. The property serves as office premises and forms part of collateral secured under charges up to Rs.16,000 Cr, highlighting its importance in REC’s asset base and financial stability.