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REC Limited — Updates, 24-09-2025: General Updates
24-09-2025 | 06:05 pm
24-09-2025 | 06:05 pm
REC's subsidiary divested Davanagere Power Transmission Limited to Power Grid for ₹5 Cr plus expenses. This project-specific SPV, which contributed negligibly to financials, is no longer a subsidiary. This reflects a strategic asset transfer.
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