REC Limited has announced that its Board of Directors will meet on May 16, 2026, to further consider and discuss matters related to the potential merger with Power Finance Corporation Limited. In connection with this meeting, the company has implemented a temporary closure of its trading window for designated persons, effective from May 14, 2026, until further notice.
Upcoming Board Meeting Details
REC Limited has officially scheduled a meeting of its Board of Directors to take place on Saturday, May 16, 2026. The primary agenda for this meeting is to deliberate on developments regarding the proposed merger between REC Limited and Power Finance Corporation Limited, in accordance with the company’s internal governance framework.
Trading Window Restrictions
In accordance with the company’s code of conduct for regulating and monitoring the trading of securities, the trading window for REC Limited’s equity shares and other listed instruments will be closed starting May 14, 2026. This restriction remains in effect until further notice. During this closure period, all designated persons, including their immediate relatives, are strictly prohibited from dealing in the company’s equity shares or other related securities.
Source: BSE
