INTEGRATED FILING — NBFC



General information about company

Scrip code 532955
NSE Symbol RECLTD
MSEI Symbol NOTLISTED
ISIN INE020B01018
Name of company REC Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment NBFC-IFC
Start date and time of board meeting 08-May-2025   11:00:00
End date and time of board meeting 08-May-2025   15:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? Yes
(b) If answer to above question is No, please explain the reason for not complying. Yes
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2022-06-30
Indicate Company website link for updated RPT policy of the Company https://recindia.nic.in/uploads/files/RPT-Policy-of-REC-dated-150722.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There has been no default as on March 31, 2025 in the repayment of debt securities, borrowings and subordinated liabilities and the Comapny has met all its debt servicing obligations, whether principal or interest during the period.


Financial Results — NBFC
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations
(i) Interest Income 149350000000 550701100000
(ii) Dividend Income 199400000 990500000
(iii) Rental Income 0 0
(iv) Fees and commission Income 2228400000 3937400000
(v) Net gain on fair value changes -183400000 3482200000
(vi) Net gain on derecognition of financial instruments under amortised cost category 0 0
(vii) Sale of products (including Excise Duty) 0 0
(viii) Sale of services 0 0
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 151594400000 559111200000
Other income 147100000 685000000
Total income 151741500000 559796200000
2 Expenses
Cost of materials consumed 0 0
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 608200000 2448000000
Finance costs 87699300000 341349800000
Depreciation, depletion and amortisation expense 64100000 243900000
Fees and commission expense 8600000 136600000
Net loss on fair value changes 0 0
Net loss on derecognition of financial instruments under amortised cost category 0 0
Impairment on financial instruments 7799700000 10194100000
(f) Other expenses
1 Net translation/ transaction exchange loss/ (gain) 473200000 2081500000
2 Corporate social responsibility expenses 862100000 2884800000
3 Other expenses 379600000 1859700000
Total other expenses 1714900000 6826000000
Total expenses 97894800000 361198400000
3 Total profit before exceptional items and tax 53846700000 198597800000
4 Exceptional items 0 0
5 Total profit before tax 53846700000 198597800000
7 Tax expense
8 Current tax 10090400000 40115400000
9 Deferred tax 1394300000 1350300000
10 Total tax expenses 11484700000 41465700000
11 Net Profit Loss for the period from continuing operations 42362000000 157132100000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
17 Net profit (loss) from discontinued operation after tax 0 0
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
15 Total profit (loss) for period 42362000000 157132100000
16 Other comprehensive income net of taxes -10501400000 -15168000000
17 Total Comprehensive Income for the period 31860600000 141964100000
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 26332200000 26332200000
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 15.96 59.55
Diluted earnings per share from continuing operations 15.96 59.55
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 15.96
Diluted earnings per share 15.96 59.55
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 198597800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -599211500000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 243900000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 10194100000
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 62028600000
Adjustments for unrealised foreign exchange losses gains -21313200000
Adjustments for dividend income 0
Adjustments for interest income 366500000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -3463000000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 15800000
Other adjustments for non-cash items 2977400000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -548894400000
Net cash flows from (used in) operations -350296600000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 41525100000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -391821700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 811200000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 16100000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 60700000
Purchase of other long-term assets 10666800000
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -30200000
Net cash flows from (used in) investing activities -11463600000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 692456300000
Repayments of borrowings 235587600000
Payments of lease liabilities 0
Dividends paid 56087700000
Interest paid 445000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 400336000000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -2949300000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -2949300000
Cash and cash equivalents cash flow statement at beginning of period -2211800000
Cash and cash equivalents cash flow statement at end of period -5161100000




Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 546900000
Bank Balance other than (a) above 16951500000
Derivative financial instruments 174321800000
Receivables
(I) Trade Receivables 0
(II) Other Receivables 19900000
Loans 5590880800000
Investments 66416200000
Other Financial assets 246036800000
Total Financial Assets 6095173900000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 3989800000
Deferred tax Assets (Net) 28527500000
Investment Property 482400000
Biological assets other than bearer plants 0
Property, Plant and Equipment 5781600000
Capital work-in-progress 760100000
Intangible assets under development 0
Goodwill 0
Other Intangible assets 18400000
Other non-financial assets (to be specified) 821100000
Total Non Financial Assets 40380900000
Total assets 6135554800000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 26332200000
Other equity 750047500000
Total equity attributable to owners of parent 776379700000
Non controlling interest
Total equity 776379700000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 16700600000
(b) Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 1200000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 106800000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 65200000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 172800000
(C ) Debt Securities 2924749300000
(d) Borrowings (Other than Debt Securities) 1943001600000
(e) Deposits 0
(f) Subordinated Liabilities 95141600000
(g) Other financial liabilities 375246600000
Total Financial Liabilities 5355185700000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 0
(b) Provisions 1367900000
(C ) Deferred tax liabilities (Net) 0
(d) Other non-financial liabilities 2621500000
Total Non Financial Liabilities 3989400000
Total liabilities 5359175100000
Total equity and liabilites 6135554800000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/(losses) on defined benefit plans -5100000 7600000
2 Changes in fair value of FVOCI equity instruments 4000000 -238500000
Total Amount of items that will not be reclassified to profit and loss -1100000 -230900000
2 Income tax relating to items that will not be reclassified to profit or loss -1300000 1900000
3 Amount of items that will be reclassified to profit and loss
1 Effective Portion of Cash Flows Hedges -5949500000 12235100000
2 Cost of Hedge reserve -8084200000 -32193500000
Total Amount of items that will be reclassified to profit and loss -14033700000 -19958400000
4 Income tax relating to items that will be reclassified to profit or loss -3532100000 -5023200000
5 Total Other comprehensive income -10501400000 -15168000000




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Kailash Chand Jain & Co. Yes 31-Mar-2027
2 M/s SCV & Co. LLP Yes 28-Feb-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 REC Limited Power Finance Corporation Limited Ultimate Holding Company Dividend paid NA 11504900000 0 0
2 REC Limited Power Finance Corporation Limited Ultimate Holding Company Any other transaction Apportionment of Expenses NA 20400000 18500000 28200000
3 REC Limited Power Finance Corporation Limited Ultimate Holding Company Any other transaction Sitting Fees NA 700000 0 0
4 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Apportionment of Employee Benefit and Other Administrative Expenses NA 88200000 0 0
5 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Interest paid NA 18400000 0 0
6 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Dividend received NA 396500000 0 0
7 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Rental/ Other Income NA 49400000 0 0
8 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Other Expenses NA 6200000 0 0
9 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Debt Securities of the Company NA 0 454400000 454400000
10 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Interest accrued on bonds of the Company NA 0 30900000 12200000
11 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Other Financial Assets of the Company NA 0 52600000 71800000
12 REC Limited REC Power Development and Consultancy Limited Subsidiary Company Any other transaction Other Financial Liabilities of the Company NA 0 3800000 0
13 REC Limited REC Limited Contributory Provident Fund Trust Subsidiary Company Any other transaction Contributions made by the Company NA 58000000 0 0
14 REC Limited REC Employees' Benevolent Fund Employment Benefit Trust/ Fund of the Company Any other transaction Contributions made by the Company NA 300000 0 0
15 REC Limited REC Limited Contributory Provident Fund Trust Employment Benefit Trust/ Fund of the Company Any other transaction Subcription to bonds of the Company NA 10000000 0 0
16 REC Limited REC Limited Contributory Provident Fund Trust Employment Benefit Trust/ Fund of the Company Any other transaction Finance Costs - Interest Paid on Debt Securities / subordinated liabilities of the Company NA 400000 0 0
17 REC Limited REC Retired Employees' Medical Trust Employment Benefit Trust/ Fund of the Company Any other transaction Finance Costs - Interest Paid on Debt Securities / subordinated liabilities of the Company NA 13800000 0 0
18 REC Limited REC LIMITED EMPLOYEES DEFINED CONTRIBUTION SUPERANNUATION TRUST Employment Benefit Trust/ Fund of the Company Any other transaction Contributions made by the Company NA 700000 0 0
19 REC Limited REC Limited Contributory Provident Fund Trust Employment Benefit Trust/ Fund of the Company Any other transaction Debt Securities of the Company NA 0 20000000 20000000
20 REC Limited REC Limited Contributory Provident Fund Trust Employment Benefit Trust/ Fund of the Company Any other transaction Subordinated liabilities of the Company NA 0 20000000 30000000
21 REC Limited REC Retired Employees' Medical Trust Employment Benefit Trust/ Fund of the Company Any other transaction Debt Securities of the Company NA 0 303000000 303000000
22 REC Limited REC Retired Employees' Medical Trust Employment Benefit Trust/ Fund of the Company Any other transaction Subordinated liabilities of the Company NA 0 7000000 7000000
23 REC Limited REC Gratuity Fund Employment Benefit Trust/ Fund of the Company Any other transaction Provisions NA 0 28600000 32600000
24 REC Limited REC Retired Employees' Medical Trust Employment Benefit Trust/ Fund of the Company Any other transaction Other Financial Assets of the Company NA 0 295500000 347800000
25 REC Limited REC Foundation Entities over which control is exercised Any other transaction Payment towards Corporate Social Responsibility (CSR) Expenses NA 1980000000 39300000 16700000
26 REC Limited Dr. Manoj Manohar Pande Key Managerial Personnel- Independent Director of the Company Any other transaction Sitting Fees NA 200000 0 0
27 REC Limited Dr.Gambheer Singh Key Managerial Personnel- Independent Director of the Company Any other transaction Sitting Fees NA 300000 0 0
28 REC Limited Dr. Durgesh Nandini Key Managerial Personnel- Independent Director of the Company Any other transaction Sitting Fees NA 500000 0 0
29 REC Limited Narayanan Thirupathy Key Managerial Personnel- Independent Director of the Company Any other transaction Sitting Fees NA 700000 0 0
30 REC Limited Manoj Sharma Key Managerial Personnel- Nominee Director of the Company Any other transaction Sitting Fees NA 700000 0 0
31 REC Limited Vivek Kumar Dewangan Key Managerial Personnel- CMD of the Company Remuneration NA 2000000 0 0
32 REC Limited Harsh Baweja Key Managerial Personnel- Director of the Company Remuneration NA 3900000 0 0
33 REC Limited V. K. Singh Key Managerial Personnel- Director of the Company Remuneration NA 4600000 0 0
34 REC Limited J.S. Amitabh Key Managerial Personnel- Company Secretary of the Company Remuneration NA 4700000 0 0
35 REC Limited J.S. Amitabh Key Managerial Personnel- Company Secretary of the Company Any other transaction Interest Income on Staff Loans NA 200000 0 0
36 REC Limited V. K. Singh Key Managerial Personnel- Director of the Company Any other transaction Interest Income on Staff Loans NA 0 0 0
37 REC Limited Harsh Baweja Key Managerial Personnel- Director of the Company Any other transaction Repayment of Staff Loans & Advances NA 200000 600000 400000
38 REC Limited V. K. Singh Key Managerial Personnel- Director of the Company Any other transaction Repayment of Staff Loans & Advances NA 100000 100000 0
39 REC Limited J.S. Amitabh Key Managerial Personnel- Company Secretary of the Company Any other transaction Repayment of Staff Loans & Advances NA 800000 2000000 1000000
40 REC Limited J.S. Amitabh Key Managerial Personnel- Company Secretary of the Company Any other transaction Debt Securities of the Company NA 0 500000 500000
41 REC Limited Parminder Chopra Key Managerial Personnel of Ultimate Holding Company Any other transaction Finance Costs - Interest Paid on Debt Securities of the Company NA 100000 0 0
42 REC Limited Parminder Chopra Key Managerial Personnel of Ultimate Holding Company Any other transaction Debt Securities of the Company NA 0 1500000 1400000
43 REC Limited POWER FOUNDATION (POWER PROJECT PROGRESS ASSESSMENT SOCIETY) Companies in which Key Managerial Personnel are Directors Any other transaction EXP to Power foundation Corpus NA 50000000 0 0
44 REC Limited REC Power Development and Consultancy Limited through nANVIL Cables Private Limited (ACPL) Subsidiary Company Interest received NA 45300000 0 0
45 REC Limited REC Power Development and Consultancy Limited through nANVIL Cables Private Limited (ACPL) Subsidiary Company Any other transaction Repayment of loan by ACPL to REC with Ultimate benficiary being REC Power nDevelopment and Consultancy Limited NA 932300000 932300000 0
46 REC Power Development and Consultancy Limited Rajathan IV H1 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 400000 0 0
47 REC Power Development and Consultancy Limited Rajathan IV H1 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 177000000 0 0
48 REC Power Development and Consultancy Limited Rajathan IV H1 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 4900000 0 0
49 REC Power Development and Consultancy Limited Khavda VA Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 600000 0 0
50 REC Power Development and Consultancy Limited Khavda VA Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 9000000 0 0
51 REC Power Development and Consultancy Limited Khavda VA Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
52 REC Power Development and Consultancy Limited Bikaner A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
53 REC Power Development and Consultancy Limited Bikaner A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 7000000 0 0
54 REC Power Development and Consultancy Limited Bikaner A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
55 REC Power Development and Consultancy Limited Bikaner A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
56 REC Power Development and Consultancy Limited Bikaner B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
57 REC Power Development and Consultancy Limited Bikaner B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 7000000 0 0
58 REC Power Development and Consultancy Limited Bikaner B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
59 REC Power Development and Consultancy Limited Bikaner B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
60 REC Power Development and Consultancy Limited Rajasthan IV 4A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
61 REC Power Development and Consultancy Limited Rajasthan IV 4A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 6000000 0 0
62 REC Power Development and Consultancy Limited Rajasthan IV 4A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
63 REC Power Development and Consultancy Limited Rajasthan IV 4A Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
64 REC Power Development and Consultancy Limited Rajasthan IV 4B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
65 REC Power Development and Consultancy Limited Rajasthan IV 4B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 6600000 0 0
66 REC Power Development and Consultancy Limited Rajasthan IV 4B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
67 REC Power Development and Consultancy Limited Rajasthan IV 4B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
68 REC Power Development and Consultancy Limited ERES XXXIX Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 300000 0 0
69 REC Power Development and Consultancy Limited ERES XXXIX Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 7800000 0 0
70 REC Power Development and Consultancy Limited ERES XXXIX Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
71 REC Power Development and Consultancy Limited Chandil Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 0
72 REC Power Development and Consultancy Limited Dumka Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 0
73 REC Power Development and Consultancy Limited Mandar Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 0
74 REC Power Development and Consultancy Limited Koderma Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 0
75 REC Power Development and Consultancy Limited LUHRI Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 10700000 13900000
76 REC Power Development and Consultancy Limited LUHRI Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 500000 500000
77 REC Power Development and Consultancy Limited Kankani Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 100000
78 REC Power Development and Consultancy Limited Kankani Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 500000 500000
79 REC Power Development and Consultancy Limited Rajasthan Part I Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 1100000 0 0
80 REC Power Development and Consultancy Limited Rajasthan Part I Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 10100000 0 0
81 REC Power Development and Consultancy Limited Rajasthan Part I Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fees NA 177000000 0 0
82 REC Power Development and Consultancy Limited Shongtong Power Transmission Ltd. Subsidiary/ Associate of Subsidiary Company Interest received NA 1000000 0 0
83 REC Power Development and Consultancy Limited Shongtong Power Transmission Ltd. Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 6300000 0 0
84 REC Power Development and Consultancy Limited Shongtong Power Transmission Ltd. Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 5600000 13000000
85 REC Power Development and Consultancy Limited Shongtong Power Transmission Ltd. Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 500000 500000
86 REC Power Development and Consultancy Limited Rajasthan V Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 177000000 0 0
87 REC Power Development and Consultancy Limited Rajasthan V Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 8600000 0 0
88 REC Power Development and Consultancy Limited Rajasthan V Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
89 REC Power Development and Consultancy Limited Rajasthan V Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
90 REC Power Development and Consultancy Limited Ratle Kiru Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 117900000 0 0
91 REC Power Development and Consultancy Limited Ratle Kiru Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 6500000 0 0
92 REC Power Development and Consultancy Limited Ratle Kiru Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
93 REC Power Development and Consultancy Limited Ratle Kiru Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
94 REC Power Development and Consultancy Limited Kurnool-IV Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 177000000 0 0
95 REC Power Development and Consultancy Limited Kurnool-IV Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
96 REC Power Development and Consultancy Limited Kurnool-IV Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
97 REC Power Development and Consultancy Limited Kurnool-IV Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 7900000 0 0
98 REC Power Development and Consultancy Limited Mahan Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 38800000 0 0
99 REC Power Development and Consultancy Limited Mahan Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
100 REC Power Development and Consultancy Limited Mahan Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
101 REC Power Development and Consultancy Limited Mahan Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 8300000 0 0
102 REC Power Development and Consultancy Limited Lakadia B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 200000 0 0
103 REC Power Development and Consultancy Limited Lakadia B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
104 REC Power Development and Consultancy Limited Lakadia B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 60500000 0 0
105 REC Power Development and Consultancy Limited Lakadia B Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 6100000 0 0
106 REC Power Development and Consultancy Limited Bidar Transco Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
107 REC Power Development and Consultancy Limited Bidar Transco Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
108 REC Power Development and Consultancy Limited Bidar Transco Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 59000000 0 0
109 REC Power Development and Consultancy Limited Bidar Transco Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 5600000 0 0
110 REC Power Development and Consultancy Limited Khavda V-B1B2 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
111 REC Power Development and Consultancy Limited Khavda V-B1B2 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
112 REC Power Development and Consultancy Limited Khavda V-B1B2 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 59000000 0 0
113 REC Power Development and Consultancy Limited Khavda V-B1B2 Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 5400000 0 0
114 REC Power Development and Consultancy Limited Banaskantha Transco Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
115 REC Power Development and Consultancy Limited Banaskantha Transco Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
116 REC Power Development and Consultancy Limited Banaskantha Transco Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Consultancy Fee NA 59000000 0 0
117 REC Power Development and Consultancy Limited Banaskantha Transco Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 5800000 0 0
118 REC Power Development and Consultancy Limited Tuticorin Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
119 REC Power Development and Consultancy Limited Tuticorin Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
120 REC Power Development and Consultancy Limited Tuticorin Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 4100000
121 REC Power Development and Consultancy Limited Tuticorin Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 0 500000
122 REC Power Development and Consultancy Limited Tuticorin Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 4000000 0 0
123 REC Power Development and Consultancy Limited Wrnes Tale Gaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 100000 0 0
124 REC Power Development and Consultancy Limited Wrnes Tale Gaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
125 REC Power Development and Consultancy Limited Wrnes Tale Gaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 2900000
126 REC Power Development and Consultancy Limited Wrnes Tale Gaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 0 500000
127 REC Power Development and Consultancy Limited Wrnes Tale Gaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 2800000 0 0
128 REC Power Development and Consultancy Limited Rajgarh III Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Interest received NA 0 0 0
129 REC Power Development and Consultancy Limited Rajgarh III Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Investment NA 500000 0 0
130 REC Power Development and Consultancy Limited Rajgarh III Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 0 0 1700000
131 REC Power Development and Consultancy Limited Rajgarh III Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Investment Outstanding NA 0 0 500000
132 REC Power Development and Consultancy Limited Rajgarh III Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Reimbursement/ expenses reimbursement NA 1700000 0 0
133 REC Limited J.S. Amitabh Key Managerial Personnel- Company Secretary of the Company Any other transaction Finance Costs - Interest Paid on Debt Securities of the Company NA 100000 0 0
134 REC Limited Harsh Baweja Key Managerial Personnel- Director of the Company Dividend paid NA 100000 0 0
135 REC Power Development and Consultancy Limited Velegaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable from SPV-Yet to Incorporate NA 0 0 -1100000
136 REC Power Development and Consultancy Limited Velegaon Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable from SPV-Yet to Incorporate NA 1100000 0 1100000
137 REC Power Development and Consultancy Limited Jejuri Hinjewadi Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable from SPV-Yet to Incorporate NA 0 0 -1100000
138 REC Power Development and Consultancy Limited Jejuri Hinjewadi Power Transmission Limited Subsidiary/ Associate of Subsidiary Company Any other transaction Receivable/ (Payable) from associates NA 1100000 0 1100000
139 REC Limited Rajesh Kumar Key Managerial Personnel- Executive Director of the Company Dividend paid NA 0 0 0
Total value of transaction during the reporting period 17501500000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt