Power Financer Company to Consider FY27 Borrowing Plan; DII Stake Rises

Om DSIJ/ 23 Mar 2026 /Categories: Mindshare, Trending

Power Financer Company to Consider FY27 Borrowing Plan; DII Stake Rises

REC’s Proposed Borrowing Programme Will Outline the Company’s Funding Plan for the Upcoming Financial Year

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REC informed that its Board of Directors will meet on March 25, 2026, to consider a proposal for approval of the company’s market borrowing programme for the financial year 2026–27. As of 12:50 PM, March 23, 2026, the REC share price is trading at Rs 313.

Borrowing Programme Update

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REC has announced that its Board of Directors is scheduled to meet on March 25, 2026, to consider and approve the market borrowing programme for the financial year 2026–27. The proposed borrowing programme will outline the company’s funding plan for the upcoming financial year, primarily aimed at supporting its lending activities in the power and infrastructure sectors.

REC Faces Exchange Fine Over Board Composition Non-Compliance

REC Ltd received notices from NSE and BSE for non-compliance with board composition requirements for the December 2025 quarter. The exchanges imposed a total fine of Rs 5.43 lakh, including GST. The company stated that the appointment of independent directors is handled by the Government and has requested a waiver of the penalty.

REC Shareholding Pattern: DII increased its stake

REC Ltd’s shareholding pattern shows promoter holding remaining stable at 52.63 per cent over the observed period. Foreign institutional investors (FIIs) reduced their stake to 16.46 per cent in December 2025 from 17.97 per cent in the previous quarter, while domestic institutional investors (DIIs) increased their holding to 16.21 per cent from 15.86 per cent. Public shareholding also rose to 14.64 per cent from 13.48 per cent in the previous quarter, while government holding remained largely unchanged at around 0.05 per cent.

About REC

REC Ltd is a public sector enterprise engaged in financing power sector projects across India, including generation, transmission, and distribution. The company primarily provides loans to state electricity boards, state governments, and private sector players involved in power infrastructure.

It operates under the administrative control of the Ministry of Power and plays a key role in funding rural electrification and infrastructure development. REC has also diversified into financing renewable energy projects, supporting the country’s transition towards clean energy.

REC Ltd has a market capitalisation of Rs 82,617 crore. The stock offers a dividend yield of 5.78 per cent, while the company has been maintaining a dividend payout of 29.8 per cent, indicating its dividend distribution levels.