REC Limited’s Board of Directors has declared the 4th interim dividend for the financial year 2025-26 at a rate of 32%, amounting to ₹3.20 per equity share (Face Value ₹10). The record date for determining eligible shareholders is set for Friday, March 20, 2026. Dividend payments are scheduled to be completed on or before April 14, 2026, exclusively through electronic means.
Declaration of Fourth Interim Dividend
In its meeting held on March 16, 2026, the Board of Directors of REC Limited (the Company) approved and declared the 4th interim dividend for the financial year 2025-26. The dividend rate has been set at 32%, which translates to ₹3.20 per equity share, based on the face value of ₹10 per share.
Key Dates and Payment Details
The designated record date for finalizing the list of shareholders eligible to receive this interim dividend is fixed as Friday, March 20, 2026. The Company confirms that the payment of the declared dividend will be processed on or before April 14, 2026.
It is further noted that the Board meeting officially commenced at 2:00 p.m. and concluded at 2:40 p.m. on the date of the announcement.
Mandatory Electronic Payment and KYC Updates
Pursuant to recent regulatory amendments, the dividend payment process will be conducted exclusively through electronic mode. Provisions for remittance via physical instruments, such as cheques or warrants, have been discontinued.
- For shares held in Demat form: Members must contact their Depository Participant (DP) to register or update their bank account details within their demat account.
- For shares held in Physical form: Members are advised to contact the Company’s Registrar and Transfer Agent (RTA) to submit requisite documents for updating their KYC and Bank Account details in their folio.
Tax Deducted at Source (TDS) Requirements
Shareholders are reminded that dividend income remains taxable in their hands as per the Income Tax Act, 1961, requiring the Company to deduct Tax at Source (TDS) at prescribed rates at the time of payment.
In continuation of previous communications, shareholders wishing to have their tax deducted at lower rates or have no tax deducted must submit a scanned copy of their PAN, Form 15G/15H, and other required documents for the financial year 2025-26. This submission must be completed via email or through the dedicated weblink (https://einward.alankit.com/) on or before March 20, 2026. No further communication regarding tax determination or lower rate deduction will be entertained after this deadline.
Source: BSE
