REC Limited Declares ₹3.20 Interim Dividend; March 20, 2026, Set as Record Date
Loading more articles...
REC Limited Declares ₹3.20 Interim Dividend; March 20 Record Date Set
C
CNBC Awaaz•16-03-2026, 15:16
REC Limited Declares ₹3.20 Interim Dividend; March 20 Record Date Set
•Government Maharatna company REC Limited announced its fourth interim dividend of ₹3.20 (32%) per equity share for FY 2025-26.
•The dividend, for shares with a face value of ₹10, was approved at the board meeting held on March 16, 2026.
•March 20, 2026, is the record date for eligibility, with payments to shareholders expected by April 14, 2026.
•Dividend income is taxable under income tax laws, and TDS will be deducted; investors can submit documents for lower tax or exemption.
•Payments will be made exclusively through electronic means; shareholders are advised to update their bank details in demat accounts or company records.
