

Rec Profile
Key Indicators
- Authorised Capital ₹ 5,000.00 Cr
- Paid Up Capital ₹ 2,633.22 Cr
- Company Age 55 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 80,899.58 Cr
- Satisfied Charges ₹ 122,633.49 Cr
- Revenue Growth 20.28%
- Profit Growth 26.82%
- Ebitda 23.72%
- Net Worth 19.25%
- Total Assets 17.76%
About Rec
Rec Limited (RL) was founded in India on 25 July 1969 and has a glorious history of 55 years and nine months. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532955 and on the National Stock Exchange(NSE) under RECLTD.
The Corporate was formerly known as Rural Electrification Corporation Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5,000.00 Cr and a paid-up capital of Rs 2,633.22 Cr.
The company currently has active open charges totaling ₹80,899.58 Cr. The company has closed loans amounting to ₹122,633.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rec Limited India are Jyoti Amitabh as COMPANY SECRETARY and Harsh Baweja as Cfo. Harsh Baweja, Narayanan Thirupathy, Durgesh Nandini, and Six other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Rec?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Jyoti Amitabh ![]() | Company Secretary | 03-Sep-2012 | Current |
Harsh Baweja | CFO | 11-Jun-2024 | Current |
Vivek Dewangan ![]() | Managing Director | 17-May-2022 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vijay Singh ![]() | Whole-Time Director | 15-Jul-2022 | Current |
Harsh Baweja ![]() | Whole-Time Director | 11-Jun-2024 | Current |
Narayanan Thirupathy ![]() | Director | 06-Mar-2023 | Current |
Durgesh Nandini ![]() | Director | 30-Dec-2021 | Current |
Manoj Pande ![]() | Director | 15-Nov-2021 | Current |
Shashank Misra ![]() | Nominee Director | 21-Aug-2023 | Current |
Financial Performance of Rec.
Rec Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 20.28% increase. The company also saw a substantial improvement in profitability, with a 26.82% increase in profit. The company's net worth Soared by an impressive increase of 19.25%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rec?
In 2024, Rec had a promoter holding of 52.63% and a public holding of 47.36%. The company had 24 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Rec Power Development And Consultancy Limited
Harsh Baweja, Vijay Singh and 1 more are mutual person
- Pfc Consulting Limited
Manoj Sharma is a mutual person
- Maharashtra State Electricity Distribution Company Limited
Vijay Singh is a mutual person
- Jaipur Vidyut Vitran Nigam Limited
Harsh Baweja is a mutual person
- Power Finance Corporation Limited
Shashank Misra and Manoj Sharma are mutual person
- Pfc Projects Limited
Manoj Sharma is a mutual person
Charges (Loans)
₹80,899.58 Cr
₹122,633.49 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 76424.98 Cr
- Others : 2337.00 Cr
- Idbi Trusteeship Services Limited : 2137.60 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
06 May 2024 | Sbicap Trustee Company Limited | ₹15,000.00 Cr | Open |
01 May 2023 | Sbicap Trustee Company Limited | ₹13,000.00 Cr | Open |
27 Apr 2022 | Sbicap Trustee Company Limited | ₹14,000.00 Cr | Open |
25 May 2021 | Sbicap Trustee Company Limited | ₹9,000.00 Cr | Open |
26 May 2020 | Sbicap Trustee Company Limited | ₹7,000.00 Cr | Open |
How Many Employees Work at Rec?
Unlock and access historical data on people associated with Rec, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Rec, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rec's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Rec
Recent activity within the organization
- Annual General Meeting
Rec Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Director Appointment
Harsh Baweja was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Jun 2024 & has been associated with this company since 11 months 3 days .
- Director Appointment
Harsh Baweja was appointed as a Cfo was appointed as a Cfo on 11 Jun 2024 & has been associated with this company since 11 months 3 days .
- Charges
A charge registered on 25 Apr 2018 via Charge ID 100184904 with Others was fully satisfied on 08 May 2024.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 15,000.00 Cr with Charge ID 100943683 was registered on 06 May 2024.
- Balance Sheet
Rec Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Rec Limited?
Rec Limited was incorporated on 25 Jul 1969.
What is authorized share capital and paid-up capital of Rec Limited?
The authorized share capital of Rec Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 2,633.22 Cr.
Who are the current board members & directors of Rec Limited?
Currently 11 directors are associated with Rec Limited.
- Harsh Baweja
- Narayanan Thirupathy
- Jyoti Shubhra Amitabh
- Harsh Baweja
- Durgesh Nandini
- Manoj Manoharrao Pande
- Shashank Misra
- Manoj Sharma
- Vijay Kumar Singh
- Gambheer Singh
- Vivek Kumar Dewangan
What is the registered address of Rec Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rec Limited is Core 4Scope Complex 7 Lodi Road India, New Delhi, 110003.
What is the corporate identification number (CIN) and company number of Rec Limited?
The corporate identification number (CIN) of Rec Limited is L40101DL1969GOI005095 and the company number is 005095 as per Ministry of Corporate Affairs (MCA).
Is Rec Limited registered with any stock exchange in India?
Yes, Rec Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RECLTD.
What is the official website of Rec Limited?
The Official website of Rec Limited is https://www.recindia.nic.in
What has been the recent revenue trend for Rec Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Rec Limited has risen by 20.28%.
What change has been observed in the net worth of Rec Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Rec Limited has experienced an upsurge of 19.25%.
What are the total open charges for Rec Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Rec Limited amount to ₹ 80,899.58 Cr.
When was the last Balance Sheet of Rec Limited filed with the ROC?
The most recent Balance Sheet for Rec Limited was filed with the ROC on 31 Mar 2024.
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