REC Dissolves Rajgarh III Power Transmission, Updates Subsidiary Structure
New Delhi: State-owned power sector financier REC Limited has completed the closure of its project-specific subsidiary Rajgarh III Power Transmission Limited, following its strike-off from the Register of Companies.
The company informed stock exchanges that the strike-off became effective on January 20, 2026, in accordance with the provisions of the Companies Act, 2013. Rajgarh III Power Transmission Limited was a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is fully owned by REC Limited.
As a result of the regulatory strike-off, the entity has been formally dissolved and no longer forms part of REC’s subsidiary structure.
According to the disclosure, the subsidiary was established for a specific power transmission project. The closure reflects the conclusion of its intended purpose and is part of REC’s broader approach to rationalising its corporate framework.
The company clarified that the development does not have any material impact on REC’s financial position or ongoing operations. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows earlier intimation provided to stock exchanges.
REC Limited, a Maharatna public sector enterprise, continues to focus on financing and developing power infrastructure projects across India, while optimising its organisational structure in line with regulatory and operational requirements.