About REC Ltd 
REC Ltd
Large Cap
Finance/NBFC
Rural Electrification Corporation Limited (REC) is a Navratna Central Public Sector Enterprise under the Ministry of Power. The Company is a Government of India Enterprise engaged in extending financial assistance across the power sector value chain and is a Systemically Important (Non-Deposit Accepting or Holding) Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI). Being an NBFC, the company is regulated by Reserve Bank of India.
Company Coordinates 
Company Details
Core-4 SCOPE Complex, 7 Lodi Road New Delhi New Delhi : 110003
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Capital Structure 
Present Equity Capital
INR 2633.22 Cr
Number of Shares
263.32 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
17-Aug-2022
263.32
2633.22
658306000
10
Bonus Issue
28-Sep-2016
197.49
1974.92
987459000
10
Bonus
28-Sep-2016
197.49
1974.92
987459000
10
Bonus
08-Mar-2010
98.75
987.46
128799000
10
Public Issues
08-Mar-2010
98.75
987.46
128799000
10
Public Issues
12-Mar-2008
85.87
858.66
78060000
10
Public Issues
12-Mar-2008
85.87
858.66
78060000
10
Public Issues
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 35 Schemes (8.45%)
FIIs
Held by 852 FIIs (21.73%)
Promoter with highest holding
Power Finance Corporation Ltd (52.63%)
Highest Public shareholder
Government Of Singapore (1.84%)
Individual Investors Holdings
9.64%
Management
Designation
Remuneration
Vivek Kumar Dewangan
Chairman & Managing Director
29.76 lacs
VIJAY KUMAR SINGH
Executive Director (Technical)
60.18 lacs
AJOY CHOUDHURY
Executive Director (Finance)
94.58 lacs
Piyush Singh
Nominee (Govt)
0
MANOJ SHARMA
Nominee
0
Gambheer Singh
Independent Director
13.2 lacs
Manoj Manohar Pande
Independent Director
13.8 lacs
Durgesh Nandini Tiwari
Independent Director
10.5 lacs
Narayanan Thirupathy
Independent Director
80.0 k
Parminder Chopra
Nominee
0
J S Amitabh
Company Secretary
84.45 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Interest Income
24,971.00
98.66%
Fees and Commission Income
225.09
0.89%
Dividend Income
113.61
0.45%
Interest Income
Interest Income
Fees and Commission Income
Fees and Commission Income
Dividend Income
Dividend Income
Revenue and Profits:
Net Sales:
14,272 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4,076 Cr
Finance/NBFC
INR 106,053 Cr (Large Cap)
7.00
20
5.24%
6.58
20.25%
1.40