REC Credit Rating Upgraded by Japan Credit Rating Agency to A-

New Delhi, September 7, 2026: REC Limited, a Maharatna Central Public Sector Enterprise under the Government of India, has received an upgrade in its long-term issuer credit rating from Japan Credit Rating Agency, Ltd. (JCR).

JCR has revised REC’s long-term issuer credit rating to ‘A-’ with a Stable Outlook, from the earlier ‘BBB+’ with a Stable Outlook.

The company disclosed the rating revision to the stock exchanges on September 7, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Highlights

• Rating agency: Japan Credit Rating Agency, Ltd. (JCR)

• Revised rating: A-

• Previous rating: BBB+

• Outlook: Stable

• Company: REC Limited

• Disclosure date: September 7, 2026