REC LIMITED — Capital/Financing Update 2023

Dec 8, 2023

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SEC-1/187(2)/2023/1569	Dated: December 8, 2023
लिसटग **लिभाग, **नशनि टॉक एकचज ऑफ इलिया लिलिटिएकचज पाजा, बादा किा कॉम**क, **बादा (पि),िबई - ४०० ०५१	कॉपोरट सबध लिभागबीएसई लिलिटिपहिी िलजि, फीरोज जीजीभोय टािसदिाि टीट, फोट, िबई - ४०० ००१
सिप कोि—RECLTD	सिप कोि—532955
Listing Department,National Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex,Bandra (East),Mumbai– 400 051.	Corporate Relationship DepartmentBSE Limited1stFloor, Phiroze Jeejeebhoy TowersDalal Street, Fort,Mumbai– 400 001.
Scrip Code—RECLTD	Scrip Code—532955

Dated: December 8, 2023

Sub: General Business Updates – “REC enters into 200 million Euro Loan Agreement with German Bank KfW”.

Sir/Madam,

In compliance with the provisions of Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, the following is informed:

REC Limited has signed a 200 million Euro loan agreement with the German Bank KfW in New Delhi today. This is REC’s sixth line of credit under Indo-German Development Cooperation, which REC will utilize to re-finance investments in the distribution infrastructure of DISCOMs in alignment with the Revamped Distribution Sector Scheme (RDSS) of the Government of India.

This occasion marks yet another significant step in REC's ongoing commitment to the reform of the distribution sector in the country.

यह आपकी जानकारी के लिए है। This is for your kind information.

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----- Start of picture text ----- Yours faithfully,----- End of picture text -----

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----- Start of picture text ----- Digitally signed by Jyoti Shubhra AmitabhDN: c=IN, o=Personal, title=0573,Jyoti pseudonym=133065811914836276Dm3B8269pXyOd3, 2.5.4.20=90de92ff366d85bfab279748dedfShubhra b1a88a5af19e87ea57b3f19ab9d20d92f4e8, postalCode=201301, st=Uttar Pradesh, serialNumber=159303584c6c1556d495ded817d8acafb7052d4bc2ffef2356115a0e92Amitabh ae00ac, cn=Jyoti Shubhra Amitabh Date: 2023.12.08 17:31:57 +05'30'----- End of picture text -----

(J.S. Amitabh) Executive Director & Company Secretary

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