REC: Intimation of sale and transfer of project specific SPY I Subsidiary
REC (RECLTD) filed a disclosure titled "Intimation of sale and transfer of project specific SPY I Subsidiary". The company is valued at about ₹79,853 crore.
What happened
REC (RECLTD) filed a disclosure with the exchanges on 28 September 2026 at 05:13 PM titled "Intimation of sale and transfer of project specific SPY I Subsidiary".
Company snapshot
REC is a mid-cap company in the Financial Services sector, with a market value of about ₹79,853 crore.
The stock last traded at ₹303.3, against a 52-week range of ₹304.1–₹390.3 (22.3% below the high).
Before this filing the shares had moved −2.5% over the month and −14.0% over three months. Average daily turnover over the last 20 sessions was about ₹141 crore.
Promoters held 52.63% at the end of Q1 FY27. Foreign institutions owned 15.76% and domestic institutions 16.98%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 14,737 | 4,465.7 | 16.96 |
| Q2 FY26 | 15,153 | 4,414.9 | 16.77 |
| Q3 FY26 | 15,018 | 4,052.4 | 15.39 |
| Q4 FY26 | 14,564 | 3,375.1 | 12.69 |
| Q1 FY27 | 14,435 | 4,192.8 | 15.92 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 2.8% on average after five days (11 filings with price data).
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Sept 2026 | Intimation of sale and transfer of project specific SPVs/Subsidiaries. | +0.5% | — |
| 9 Sept 2026 | Intimation of sale and transfer of project specific SPV/Subsidiary. | −0.6% | −1.3% |
| 7 Sept 2026 | Corporate update | −0.6% | −2.5% |
| 7 Sept 2026 | Press Release | −0.6% | −2.5% |
| 25 Aug 2026 | Intimation of incorporation of subsidiary companies. | −1.6% | −2.9% |
Market reaction so far
Since the filing, the stock has fallen 3.1%, from ₹313 before the disclosure to ₹303.3 (live price).
In the news
Recent coverage elsewhere (links open the original publisher):
- REC Limited Transfers Balsane Power Transmission SPV To Resonia For ₹5.59 Crore
- REC stock falls 1 percent as shares track the weak NSE session
- REC Ltd: Two independent directors cease tenure on September 22
- REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Ranipur Chunar Power Transmission Limited,
- REC Limited Announces Cessation of Directors, Effective September 22, 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.