REC Limited Incorporates Wholly Owned Subsidiary Kukshi Alirajpur Transmission Limited
REC Limited has incorporated a new wholly-owned subsidiary, Kukshi Alirajpur Transmission Limited, on July 29, 2026. The subsidiary, with a paid-up capital of ₹5,00,000, aims to strengthen the intra-state transmission system in the Kukshi/Alirajpur area. This move is part of a project initiated by the Government of Madhya Pradesh.
The incorporation of a subsidiary for a specific project is a standard operational step and does not immediately indicate a significant financial or strategic shift for the parent company.
The announcement details the incorporation of a new subsidiary which is a routine corporate action for business expansion and project execution. It does not contain any immediately positive or negative financial implications.
REC Limited has announced the incorporation of its wholly-owned subsidiary, Kukshi Alirajpur Transmission Limited (CIN: U42202DL2026G0I469052). This new entity was incorporated on July 29, 2026, with an authorized and paid-up capital of ₹5,00,000 each. The subsidiary has been established to undertake the strengthening of the intra-state transmission system in the Kukshi/Alirajpur area through the establishment of new EHV Substations and associated transmission lines. This initiative stems from an order dated February 9, 2026, by the Government of Madhya Pradesh, which appointed REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, as the Bid Process Coordinator (BPC) for this project. Kukshi Alirajpur Transmission Limited is a related party to REC Limited as it is a wholly-owned subsidiary of RECPDCL. The promoter, promoter group, or group companies of REC Limited do not hold any interest in Kukshi Alirajpur Transmission Limited beyond their shareholding. The subsidiary is expected to be transferred to the successful bidder selected through the Tariff Based Competitive Bidding (TBCB) process.
REC Limited, a Government of India Enterprise, operates in the power sector. The incorporation of this subsidiary is aligned with REC's role as a BPC for selecting Transmission Service Providers through the TBCB process for projects assigned by the Ministry of Power and State Governments.
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REC Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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