REC Limited ₹3.20 Interim Dividend: Record Date TODAY (March 20, 2026)

March 20, 2026 (Today) – This is the official Record Date for REC Limited (NSE: RECLTD / BSE: 532955), the Maharatna PSU and leading power sector financier. Today marks the cut-off to qualify for the company's fourth interim dividend of ₹3.20 per equity share (32% on ₹10 face value) for FY 2025-26.

If your name appears in REC's register of members (for physical shares) or as a beneficial owner in depository records (for demat shares) by the close of business today, you are eligible. The dividend will be credited on or before April 14, 2026.

Quick Snapshot for Shareholders

Dividend Amount — ₹3.20 per share
Record Date — March 20, 2026 (today)
Ex-Dividend Date — March 20, 2026 (today)
Payment Deadline — On or before April 14, 2026
Payout Mode — 100% electronic (direct bank transfer only – no cheques or warrants)

On the ex-dividend date (today), the share price usually adjusts downward by roughly the dividend amount (₹3.20), assuming other factors remain constant. This is a normal market mechanism and does not indicate any change in company fundamentals.

Why REC's Dividend Matters Right Now

REC has declared this as its fourth interim dividend for FY 2025-26, announced after the board meeting on March 16, 2026. This is the company's 45th dividend payout since 2008, highlighting its consistent shareholder rewards policy. Over the past 12 months, REC has distributed around ₹20–23 per share in total dividends (including previous interims), delivering an attractive yield for income investors.

REC continues to support India's power infrastructure with strong cash flows, a healthy order book, and full government backing as a Maharatna PSU.

Must-Do Actions for REC Shareholders Today

Confirm Eligibility — Check your demat account or share certificate to ensure your holding is recorded as on March 20, 2026.
Update Bank Details — Dividend will only be paid electronically.
- Demat holders: Update via your Depository Participant (DP).
- Physical holders: Contact REC's Registrar & Transfer Agent (RTA – Alankit) immediately to link bank account and complete KYC.
TDS & Tax Documents — Dividend is taxable as per your income slab. Submit Form 15G/15H (if eligible for no TDS) or other exemption documents by today via email to virenders@alankit.com (cc: recigr@alankit.com) or through the RTA portal. No changes accepted after March 20.
Tax Note — TDS will be deducted as per Income Tax Act rules unless valid documents are submitted.

Final Investor Takeaway

If you purchased REC shares on or before March 19, 2026 (before the ex-date), and your details are correctly updated, you should receive ₹3.20 per share soon. This payout reinforces REC's strong financial position and commitment to regular returns.

Always verify the latest from official sources like NSE/BSE websites or REC's investor section. For eligibility queries, reach out to your broker, DP, or REC's RTA without delay.

Information sourced from REC's official regulatory filings dated March 16, 2026, and stock exchange records. Market data is dynamic – cross-check live updates.