{"id":4171,"date":"2026-10-06T16:09:03","date_gmt":"2026-10-06T10:39:03","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-06\/"},"modified":"2026-10-06T20:12:34","modified_gmt":"2026-10-06T14:42:34","slug":"recltd-share-price-today-2026-10-06","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-06\/","title":{"rendered":"REC Share Price Today: Why RECLTD Is Rising 1.47% | 6 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: RECLTD<\/strong> \u00b7 6 October 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b9300.00<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>+1.47%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b9300.60 \/ \u20b9294.95<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b9295.65<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>54.60 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>6 October 2026 \u00b7 03:15 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>REC Limited shares moved higher by 1.47% on Tuesday, trading near the upper end of the day&#x27;s range of \u20b9294.95 to \u20b9300.60 after opening at \u20b9295.50.<\/li>\n<li>REC Limited announced that its subsidiary, REC Power Development and Consultancy Limited, incorporated three wholly owned subsidiaries\u2014Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited. These entities were established following project allocations by the Ministry of Power and U.P. Power Transmission Corporation Limited to act as the Bid Process Coordinator for major transmission schemes. Each company has been incorporated with an authorized and paid-up capital of \u20b95,00,000.<\/li>\n<li>Trading volume was 0.86 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is REC share price rising on 6 October 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">REC Limited shares moved higher by 1.47% on Tuesday, trading near the upper end of the day&#x27;s range of \u20b9294.95 to \u20b9300.60 after opening at \u20b9295.50.<\/p>\n<p class=\"wt-copy\">The broader market demonstrated positive momentum, with the Nifty advancing 0.98%. REC Limited&#x27;s movement also follows a recent consolidation phase, reflecting steady buying interest within the financial services segment.<\/p>\n<p class=\"wt-copy\">On the corporate front, the company announced on October 6 that its wholly owned subsidiary, REC Power Development and Consultancy Limited, incorporated three new project-specific subsidiaries\u2014Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited\u2014to facilitate major inter-state and intra-state power evacuation and transmission projects. While this expansion highlights ongoing business execution, no single confirmed trigger ties this incorporation directly to today&#x27;s share price action.<\/p>\n<p class=\"wt-copy\">54.60 lakh shares traded by 6 October 2026 \u00b7 03:15 PM IST. This compares with a 20-day average daily volume of 63.41 lakh shares (0.86 times). The five-day average daily volume was 1.29 crore shares. Separately, the NSE report for 5 October 2026 showed 58.92 lakh shares delivered, representing 68.19% of that day\u2019s traded volume. The same report recorded 63,398 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>stock-specific positive momentum alongside ongoing subsidiary developments<\/strong><\/p>\n<p class=\"wt-copy\">The stock advanced alongside broader market gains supported by steady delivery volumes and ongoing updates regarding project subsidiary incorporations, though no single direct catalyst is proven to have driven the session&#x27;s exact gain.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Incorporation of Three New Transmission Subsidiaries<\/div>\n<div class=\"wt-card-date\">6 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">REC Limited announced that its subsidiary, REC Power Development and Consultancy Limited, incorporated three wholly owned subsidiaries\u2014Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited. These entities were established following project allocations by the Ministry of Power and U.P. Power Transmission Corporation Limited to act as the Bid Process Coordinator for major transmission schemes. Each company has been incorporated with an authorized and paid-up capital of \u20b95,00,000.<\/p>\n<p class=\"wt-copy\">Demonstrates continuous project pipeline execution in power evacuation infrastructure, though newly incorporated entities are yet to commence commercial operations.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_06102026125432_Signed_Incorporation_of_SPVs_06102026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Board Comments on Stock Exchange Fines<\/div>\n<div class=\"wt-card-date\">28 September 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The board reviewed fines levied by the NSE and BSE regarding non-compliance with Independent Director composition requirements for the quarter ended June 30, 2026. The company stated that as a government enterprise, the power to appoint Independent Directors rests solely with the President of India through the Ministry of Power, and requested a waiver of the penalties.<\/p>\n<p class=\"wt-copy\">Clarifies the regulatory status regarding board composition and highlights administrative dependencies typical of public sector enterprises.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_28092026171128_Signed_Sale_of_SPV_28092026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Transfer of Balsane Power Transmission Subsidiary<\/div>\n<div class=\"wt-card-date\">28 September 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Following the receipt of necessary consideration, REC Power Development and Consultancy Limited completed the transfer of its entire shareholding in Balsane Power Transmission Limited to Resonia Limited. The transaction consideration of \u20b95,59,19,024 included taxes, professional fees, and expense reimbursements.<\/p>\n<p class=\"wt-copy\">Marks the successful completion and monetization of a project-specific SPV through the tariff-based competitive bidding process.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_28092026171128_Signed_Sale_of_SPV_28092026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Earnings \/ operating update<\/div>\n<div class=\"wt-card-date\">23 July 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">REC Q1 Results: Will PSU NBFC Announce Interim Dividend? Date, Time, Key Things To Watch.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 June 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">52.63%<\/div>\n<div class=\"wt-note\">52.63% on 31 March 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">15.76%<\/div>\n<div class=\"wt-note\">15.79% on 31 March 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">32.74%<\/div>\n<div class=\"wt-note\">32.14% on 31 March 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1693602_15072026070101_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 8.51% on 30 June 2026. This compares with 9.02% on 31 March 2026, a change of -0.51 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 37 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">NIPPON LIFE INDIA TRUSTEE LTD- A\/C NIPPON INDIA GROWTH MID CAP FUND<\/div>\n<div class=\"wt-card-date\">30 June 2026<\/div>\n<div class=\"wt-card-body\">4.90 crore shares \u00b7 1.86%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">ICICI PRUDENTIAL EQUITY ARBITRAGE FUND<\/div>\n<div class=\"wt-card-date\">30 June 2026<\/div>\n<div class=\"wt-card-body\">3.06 crore shares \u00b7 1.16%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1693602_15072026070101_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Progress on the newly incorporated Bikaner and Mirzapur power transmission SPVs and subsequent bidder selection<\/li>\n<li>Execution of upcoming inter-state and intra-state transmission projects managed by RECPDCL<\/li>\n<li>Updates regarding the appointment of requisite Independent Directors to address regulatory compliance<\/li>\n<li>Delivery volume trends against the 20-day average volume of 54,59,659 shares<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-05\/\">Why REC Limited Shares Are Rising 2.75% Today: Technical Rebound | 5 October 2026 \u2014 5 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-01\/\">Why REC Limited Shares Fell 3.76% Today to 52-Week Lows | 1 October 2026 \u2014 1 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-09-30\/\">Why REC Shares Are Rising 2.24% Today: Technical Rebound Explained | 30 September 2026 \u2014 30 September 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/recltd\/\">More REC news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest REC company news?<\/h3>\n<p class=\"wt-copy\">REC Limited announced that its subsidiary, REC Power Development and Consultancy Limited, incorporated three wholly owned subsidiaries\u2014Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited, and Mirzapur Power Transmission Limited. These entities were established following project allocations by the Ministry of Power and U.P. Power Transmission Corporation Limited to act as the Bid Process Coordinator for major transmission schemes. Each company has been incorporated with an authorized and paid-up capital of \u20b95,00,000.<\/p>\n<h3>How strong was REC\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">54.60 lakh shares traded, 0.86 times the 20-day average daily volume. The price and volume data are dated 6 October 2026 \u00b7 03:15 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-06\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/recltd-share-price-today-2026-10-06\/\"}, \"headline\": \"REC Share Price Today: Why RECLTD Is Rising 1.47% | 6 October 2026\", \"description\": \"REC Limited shares rose 1.47% today. Explore the latest subsidiary incorporations, delivery volumes, market context, and key factors to watch next.\", \"datePublished\": \"2026-10-06T10:39:03Z\", \"dateModified\": \"2026-10-06T17:17:24.669188+05:30\", \"author\": {\"@type\": \"Organization\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"publisher\": {\"@type\": \"Organization\", \"name\": \"WittyTrades\", \"url\": \"https:\/\/www.wittytrades.com\/\"}, \"inLanguage\": \"en-IN\", \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/recltd-company-news-2026-10-06.jpg\"]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"General Updates\",\"summary\":\"Intimation of incorporation of subsidiary companies.\",\"source\":\"NSE\",\"published\":\"06-Oct-2026 12:55:43\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_06102026125432_Signed_Incorporation_of_SPVs_06102026.pdf\",\"disclosure_text\":\"R awvm I ~S~~!!!~l~J~et~~f ~~r~~i: W R E C ~~~:~:~ce~~~::,p~;'O~! ~:P~:~~ ' ~~~;~~~~~w ~::~ '~I~:n~ ~ \\\"F-ii, 3I\\\"'RI \\\"J:j~ Sec lor - 2 9 , G u rug ram - 1 220 a 1 (H a r y a n a ) Endless energy InfiMe possIbilities Tel : +91 124 444 1300 I Webs ite : www .rec india .niC.in A MAHARATNA COMPANY CIN L40101OL1969GOI005095 I GST No.: 06AAACR4512R3Z3 SEC-lII872 12026\/3046 1-fTlT qs(l'i(1 ~ ~emij'\\\\jj ~ ~ ffjfrle;s ~em ij'\\\\jj {('fT\\\\jjT, csmn wffi Cfl Y A08 em , csmn ' -RECLTD Listing Department National Stock Exchange ofIndia Limited Exchange Plaza , Bandra Kurla Complex , Bandra ast, Mumbai - 400 051. Scri Code-RECLTD Dated: October 6 2026 ~'U fcr1-fTlT ot1~tl{ ffjfrle;s tWfi ~, c61~'I\\\\jj ufu;fi'J.{m m ~('1I(1\u00ablc , Lfllt, , -532955 Corporate Relationship Department BSE Limited 1st Floor, PhirozeJeejeebhoy Towers Dalal Street, Fort , Mumbai - 400001 , Scri Code-532955 Sub: Intimation of incorporation of subsidiary companies. Pursuant to Regulation 30 read with Schedule III qf the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015, this is to inform that the following three subsidiary companies have been incorporated as Wholly Owned Subsidiary of REC Power Development and Consultancy Limited (\\\"RECPDCL \\\"- a Wholly Owned Subsidiary ofREC Limited): 1) Bikaner V Part A Power Transmission Limited (CIN: U42202DL2026G0I471297) 2) Bikaner V Part B Power Transmission Limited (CIN: U42202DL2026G0I4 71295) 3) Mirzapur Power Transmi ssion Limited (CIN: U42202DL2026G0I471294) The said companies are also subsidiary companies of REC Limited , in terms of the provisions of Section 2(87) of the Companies Act, 2013, The other requisite details are attached herewith as Annexure-I. Thanking you , Encl .: As above. Yours faithfully, For REC Limited ~~ (Dinesh Garg) Company Secretary & Compliance Officer Regional Offices : Bengaluru, Bhopal, Bhubaneswar, Chennai, Dehradun, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata Lucknow, Mumbai, Panch kula, Patna, Raipur. Ranchi, Shillong, Shimla, Thiruvananthapuram & Vijaywada State Offices : Vadodara, Varanasi Training Centre : REC Institute of Power Management& Training (RECIPMT), Hyderabad Annexure-l Incorporation of Three Wholly Owned Subsidiaries namely, Bikaner V Part A Power Transmission Limited, Bikaner V Part B Power Transmission Limited and Mirzapur Power Transmission Limited SI. I Particulars No. 1. Name of the target entity, details in brief such as size, turnover etc. Bikaner V Part A Power I Bikaner V Part B Power I Mirzapnr Power Transmission Transmission Limited Transmission Limited Limited Name: Bikaner V Part A Power I Name: Bikaner V Part B Power Transmission Limited Authorized Capital: ~5,OO,OOO\/\u00ad Paid up Capital: ~5,OO,OOO\/\u00ad Turnover: Not Applicable (It is a newly incorporated Company and is yet to commence its business). Ministry of Power , Government of India vide Gazette Notification dated June 19, 2026 had allocated inter-state transmission project, wherein REC Power Development and Consultancy Limited (RECPDCL) has been appointed to act as Bid Process Coordinator (BPC) for the purpose of Transmission scheme for evacuation of power as part of Rajasthan REZ Ph-IV (part-6: 6GW) (Bikaner Complex) (Bikaner V: 6GW)- Part A. Transmission Limited Authorized Capital: ~5,OO,OOO\/\u00ad Paid up Capital: ~5,OO,OOO\/\u00ad Turnover: Not Applicable (It is a newly incorporated Company and is yet to commence its business) . Ministry of Power, Government of India vide Gazette Notification dated June 19, 2026 had allocated inter-state transnusslOn project, wherein REC Power Development and Consultancy Limited (RECPDCL) has been appointed to act as Bid Process Coordinator (BPC) for the purpose of Transmission scheme for evacuation of power as part of Rajasthan REZ Ph-IV (Part-6: 6GW) (Bikaner Complex) (Bikaner V: 6GW)- Part B. In view of the above, Bikaner V Part In view of the above, Bikaner V part A Power Transmission Limited has B Power Transmission Limited has been incorporated on October 5, been inc~orated on October 5, '\/7? Name: Mirzapur Power Transmission Limited Authorized Capital: ~5, OO , OOO \/\u00ad Paid up Capital: ~5,OO,OOO\/\u00ad Turnover: Not Applicab le (It is a newly incorporated Company and is yet to commence its business). U.P. Power Transmission Corporation Limited, vide its Letter dated August 10, 2026 had allocated intra-state transmi ssion project, wherein REC Power Development and Consultancy Limited (RECPDCL) has been appointed to act as Bid Process Coordinator (BPC) for the purpose of Construction of 765 kV & 400 kV lines associated with 765\/400 kV Mirzapur Pooling (AIS) Substation. In view of the above, Mirzapur Power Transmission Limited has been incorporated on October 5, 2026. After selection of the t1& 2026. After selection of the 2026. After selection of the successful bidder in accordance successful bidder in accordance with successful bidder in accordance with with the Tariff Based Compe titive the Tariff Based Competitive the Tariff Based Compe titive Bidding (TBCB) guidelines , said Bidding (TBCB) guidelines , said Bidding (TBCB) guidelines , said company would be transferred to company would be transferred to the company would be transferred to the the successful bidder along with successful bidder along with all successful bidder along with all all assets & liabilities. assets & liabilities. assets & liabilities. 2. Whether the acquisition Bikaner V Part A Power Bikaner V Part B Power Mirzapur Power Transmission would fall within related Transmission Limited is a Wholly Transmission Limited is a Wholly Limited IS a Wholly Owned party transaction(s) and Owned Subsidiary of RECPDCL, Owned Subsidiary of RECPDCL, Subsidiary of RECPDCL, whether the promoter \/ therefore it is a related party of the therefore it is a related party of the therefore it is a related party of the promoter group \/ group REC Limited . REC Limited . REC Limited . compames have any interest ill the entity The Promoter , promoter group \/ The Promoter , promoter group \/ The Promoter , promoter group \/ being acquired? group companies do not have any group companies do not have any group companies do not have any interest in Bikaner V Part A Power interest in Bikaner V Part B Power interest ill Mirzapur Power If yes, nature of interest Transmission Limited except to the Transmission Limited except to the Transmi ssion Limited except to and details thereof and extent of its shareholding. extent of its share holding. the extent of its share holding . whether the same is done at \\\"arm 's length \\\" 3. Industry to which the Power Sector entity being acquired belongs 4. Objects and effects of Transmission scheme for evacuation Transmission scheme for evacuation The Company has been acquisition (including but of power as part of Rajasthan REZ of power as part of Rajasthan REZ incorporated for Construction of not limited to, disclosure Ph-IV (part-6: 6GW) (Bikaner Ph-IV (part-6 : 6GW) (Bikaner 765 kV & 400 kV lines associated of reasons for acquisition Complex) (Bikaner V: 6GW)- Part Complex) (Bikaner V: 6GW)- Part with 765\/ 400 kV Mirzapur of target entity , if its A. B. Pooling (AIS) Substation . business is outside the main line of business of the listed entity) 5. Brief details of any Incorporated pursuant to Gazette Notification dated June 19, 2026 issued Incorporated pursuant to Letter governmental or by Ministry of Power , Government of India wherein RECPDCL has been dated August 10, 2026 issued by regulatory approvals nominated as BPe. U.P. Power Transmission ~(:> \\\"& required for the Corporation Limited , wherein acquisition RECPDCL has been nominated as BPC. 6. Indicative time period for Not Applicable completion of the acquisition 7. Nature of consideration - 100% subscription to the equity share capital in cash whether cash consideration or share swap and details of the same 8. Cost of acquisition or the 100% subscription to the equity share at face value price at which the shares are acquired 9. Percentage of 100% shareholding \/ control acquired and \/ or number of shares acquired 10. Brief background about RECPDCL inter-alia acts as the \\\"BPC\\\" for selection of Transmi ssion Service Provider through TBCB process, the entity acquired ill for independent inter-state and intra-state transmission project assigned by the Ministry of Power and State terms of products \/ line of Governments from time to time. business acquired, date of incorporation, history of last 3 years turnover , country ill which the acquired entity has presence and any other significant information (in brief) ~ ***** 3\/5\"},{\"summary\":\"REC Q1 Results: Will PSU NBFC Announce Interim Dividend? Date, Time, Key Things To Watch.\",\"category\":\"Business media\",\"published\":\"2026-07-23T07:00:00+00:00\",\"source\":\"Business media\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Change in Director(s) of the company.\",\"category\":\"Change in Director(s)\",\"date\":\"22-Sep-2026 13:24:32\",\"source\":\"NSE filing\",\"industry\":\"Financial Institution\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_22092026132202_Signed_Completion_of_tenure_of_IDs.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":3}],\"recent_news\":[{\"summary\":\"REC Q1 Results: Will PSU NBFC Announce Interim Dividend? Date, Time, Key Things To Watch.\",\"category\":\"Business media\",\"published\":\"2026-07-23T07:00:00+00:00\",\"source\":\"Business media\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Change in Director(s) of the company.\",\"category\":\"Change in Director(s)\",\"date\":\"22-Sep-2026 13:24:32\",\"source\":\"NSE filing\",\"industry\":\"Financial Institution\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RECLTD_22092026132202_Signed_Completion_of_tenure_of_IDs.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":3}],\"promoter_pledge\":{\"summary\":\"The promoter\/promoter-group disclosure states that the shares covered by the filing were free from encumbrance.\",\"events\":[{\"summary\":\"imited) MUMBAI\u2013 400 001 (SO 9001:2015 Certified) No:1:05:96(1V):CS Date: 08 April, 2026 Audit Committee REC Limited Core-4, SCOPE Complex 7, Lodi Road, CGO Complex, Pragati Vihar, New Delhi 110003 Sub: Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Pursuant to Regulation 3 1(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, this is to declare that Power Finance Corporation Limited, along with persons acting in concert, has not made any encumbrance, directly or indirectly in the shares of REC Limited for FY 2025-26. Yours faithfully, For Power Finance Corporation Ltd. (Manish Kumar Agarwal) Company Secretary & Compliance Officer mk_agarwal@pfcindia.com qulpd utr\u0173 : \\\"Gvfffer\\\", 1, aRIGAI dH, G-\u00cde dH, 1 faecl - 110001 qHIY : 23456000 $H : 011-23412545 Regd. Office:\\\"Urjanidhi\\\", 1, Barakhamba Lane, Connaught Place, New Delhi-110001 Phones: 23456000 Fax : 011-23412545 TaHIsT\/ Website: www.pfcindia.com CIN: L65910DL1986GOI024862\",\"category\":\"Disclosure under SEBI Takeover Regulations\",\"date\":\"19-Jun-2026 12:46:33\",\"source\":\"NSE corporate filing\",\"attachment\":\"https:\/\/nsearchives.nseindia.com\/corporate\/team_bbodade_18062026170634_RECLTD.pdf\",\"detail_level\":\"pdf_facts\"}],\"source\":\"NSE corporate filing\"},\"shareholding_snapshot\":{\"promoter_pct\":52.63,\"public_pct\":47.37,\"fii_pct\":15.76,\"dii_pct\":16.98,\"mf_pct\":8.51,\"institutional_pct\":32.74,\"noninst_pct\":14.57,\"mf_scheme_count\":37,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"NIPPON LIFE INDIA TRUSTEE LTD- A\/C NIPPON INDIA GROWTH MID CAP FUND\",\"shares\":48975476,\"pct\":1.86},{\"name\":\"ICICI PRUDENTIAL EQUITY ARBITRAGE FUND\",\"shares\":30598274,\"pct\":1.16}],\"period\":\"30-JUN-2026\",\"submission_date\":\"15-JUL-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1693602_15072026070101_WEB.xml\",\"previous_period\":\"31-MAR-2026\",\"previous_promoter_pct\":52.63,\"previous_fii_pct\":15.79,\"previous_dii_pct\":16.35,\"previous_mf_pct\":9.02,\"previous_institutional_pct\":32.14,\"previous_mf_scheme_count\":37,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>REC Limited shares rose 1.47% today. Explore the latest subsidiary incorporations, delivery volumes, market context, and key factors to watch next.<\/p>\n","protected":false},"author":1,"featured_media":4170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"REC Share Price Today: Why RECLTD Is Rising 1.47% | 6 October 2026","_witty_meta_description":"REC share price rose 1.47% to \u20b9300.00 today. 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