REC Limited — Important, 01-07-2025: General Updates

REC Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company incorporated a wholly owned subsidiary, SR WR Power Transmission Limited, set up to facilitate an inter-regional transmission project between the Southern and Western Grids. This new entity, a related party, will be transferred to the successful bidder post-competitive bidding. REC’s subsidiary RECPDCL will act as the Bid Process Coordinator for the project, reflecting REC's expanding role in power transmission infrastructure development.