REC LIMITED : SUBSIDIARY TRANSFERS WHOLLY-OWNED SUBSIDIARY

• RECPDCL, a wholly owned subsidiary of REC Limited, transferred its entire shareholding of Balsane Power Transmission Limited to the successful bidder. • The transfer was completed on September 28, 2026, after receipt of necessary consideration. • Balsane Power Transmission Limited is no longer a subsidiary of RECPDCL or REC Limited. Impact: Neutral (Subsidiary transfer and sale of project specific SPV/Subsidiary.)

REC Ltd

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