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Home › Companies › REC Limited › 2025-2026

REC Limited 2025-2026 Proxy Voting Records

At REC Limited's shareholder meeting held August 27, 2025, in the 2025-2026 proxy season, 50 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,062 separate fund positions. Their filings are grouped here into 26 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Accept Financial Statements and Statutory Reports — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 26Reported items
  • 50Asset managers
  • 1,062Fund votes
  • August 27, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from REC Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2024-2025 2025-2026

Explore REC Limited in the interactive database Compare manager voting policies

How asset managers voted at the REC Limited 2025-2026 meeting

Each item below shows how the 50 asset managers that disclosed a REC Limited vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of REC Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Durgesh Nandini as Director

No official resultsDIRECTOR ELECTIONS

50.8% of fund votes cast · no official result

FORAGAINST
Details: votes by 36 asset managers

The 36 asset managers below reported 46,512,682 for, 44,989,570 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 46,512,682AGAINST: 44,989,570
Largest asset managers voting on “Elect Durgesh Nandini as Director” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity014,243,954 00Against
Dimensional09,515,526 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST06,720,264 00Against
American Century05,054,329 00Against
TIAA2,446,4960 00For
Franklin Templeton01,688,485 00Against
Columbia Threadneedle01,658,219 00Against
State Street1,269,9660 00For
PIMCO01,219,093 00Against
Northern Trust01,059,826 00Against
JPMorgan0820,123 00Against
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND0689,531 00Against
Greater India Portfolio0578,115 00Against
Invesco491,9840 00For
AQR0316,122 00Against
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST0249,620 00Against
Brighthouse199,5360 00For
HC CAPITAL TRUST084,438 00Against
Segall Bryant & Hamill Trust084,235 00Against
MFS69,8770 00For
OPTIMUM FUND TRUST068,397 00Against
Goldman Sachs054,901 00Against

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

2. Elect Gambheer Singh as Director

No official resultsDIRECTOR ELECTIONS

50.2% of fund votes cast · no official result

FORAGAINST
Details: votes by 36 asset managers

The 36 asset managers below reported 45,978,070 for, 45,524,182 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 45,978,070AGAINST: 45,524,182
Largest asset managers voting on “Elect Gambheer Singh as Director” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity014,243,954 00Against
Dimensional09,515,526 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST06,720,264 00Against
American Century05,054,329 00Against
TIAA2,446,4960 00For
Franklin Templeton01,688,485 00Against
Columbia Threadneedle01,658,219 00Against
State Street1,269,9660 00For
PIMCO01,219,093 00Against
Northern Trust01,059,826 00Against
JPMorgan0820,123 00Against
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND0689,531 00Against
Greater India Portfolio0578,115 00Against
Invesco0491,984 00Against
AQR0316,122 00Against
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST0249,620 00Against
Brighthouse199,5360 00For
HC CAPITAL TRUST084,438 00Against
Segall Bryant & Hamill Trust084,235 00Against
MFS69,8770 00For
OPTIMUM FUND TRUST068,397 00Against
Goldman Sachs054,901 00Against

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

3. Elect Jitendra Srivastava as Director and Approve Appointment of Jitendra Srivastava as Chairman and Managing Director

No official resultsDIRECTOR ELECTIONS

51.9% of fund votes cast · no official result

FORAGAINST
Details: votes by 36 asset managers

The 36 asset managers below reported 47,512,822 for, 43,989,430 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 47,512,822AGAINST: 43,989,430
Largest asset managers voting on “Elect Jitendra Srivastava as Director and Approve Appointment of Jitendra Srivastava as Chairman and Managing ” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard041,701,349 00Against
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street1,269,9660 00For
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan0820,123 00Against
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco0491,984 00Against
AQR316,1220 00For
Voya0255,799 00Against
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse199,5360 00For
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

4. Reelect Shashank Misra as Director

No official resultsDIRECTOR ELECTIONS

6% of fund votes cast · no official result

AGAINST
Details: votes by 36 asset managers

The 36 asset managers below reported 5,627,731 for, 85,874,521 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 5,627,731AGAINST: 85,874,521
Largest asset managers voting on “Reelect Shashank Misra as Director” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard041,701,349 00Against
Fidelity014,243,954 00Against
Dimensional09,515,526 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST06,720,264 00Against
American Century05,054,329 00Against
TIAA2,446,4960 00For
Franklin Templeton01,688,485 00Against
Columbia Threadneedle1,658,2190 00For
State Street01,269,966 00Against
PIMCO01,219,093 00Against
Northern Trust01,059,826 00Against
JPMorgan820,1230 00For
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND0689,531 00Against
Greater India Portfolio578,1150 00For
Invesco0491,984 00Against
AQR0316,122 00Against
Voya0255,799 00Against
SA FUNDS INVESTMENT TRUST0249,620 00Against
Brighthouse0199,536 00Against
HC CAPITAL TRUST084,438 00Against
Segall Bryant & Hamill Trust084,235 00Against
MFS69,8770 00For
OPTIMUM FUND TRUST068,397 00Against
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

5. Elect Durgesh Nandini Tiwari

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Elect Durgesh Nandini Tiwari” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

6. Elect Gambheer Singh

No official resultsDIRECTOR ELECTIONS

0% of fund votes cast · no official result

AGAINST
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 3,884,368
Largest asset managers voting on “Elect Gambheer Singh” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab01,474,224 00Against
SEI01,009,597 00Against
VanEck ETF Trust0591,103 00Against
Hartford0350,386 00Against
Mercer Funds0231,256 00Against
SEI Exchange Traded Funds099,730 00Against
Russell Investments086,672 00Against
ADVISORS' INNER CIRCLE FUND041,400 00Against

7. Elect Jitendra Srivastava

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Elect Jitendra Srivastava” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

8. Elect Shashank Mishra

No official resultsDIRECTOR ELECTIONS

0% of fund votes cast · no official result

AGAINST
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 3,884,368
Largest asset managers voting on “Elect Shashank Mishra” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab01,474,224 00Against
SEI01,009,597 00Against
VanEck ETF Trust0591,103 00Against
Hartford0350,386 00Against
Mercer Funds0231,256 00Against
SEI Exchange Traded Funds099,730 00Against
Russell Investments086,672 00Against
ADVISORS' INNER CIRCLE FUND041,400 00Against

9. Appointment of DR. durgesh nandini (DIN: 09398540) as part-time non-official independent director

No official resultsDIRECTOR ELECTIONS

99% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPOINTMENT OF DR. DURGESH NANDINI (DIN: 09398540) AS PART-TIME NON-OFFICIAL INDEPENDENT DIRECTOR

The 7 asset managers below reported 32,810,752 for, 460,903 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 32,810,752AGAINST: 460,903
Largest asset managers voting on “APPOINTMENT OF DR. DURGESH NANDINI (DIN: 09398540) AS PART-TIME NON-OFFICIAL INDEPENDENT DIRECTOR” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock45,358308,173 00Mixed
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO98,2076,508 00Mixed
Jackson National0102,569 00Against
GPS Funds I043,653 00Against

10. Appointment of DR. gambheer singh (DIN: 02003319) as part-time non-official independent director

No official resultsDIRECTOR ELECTIONS

7% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPOINTMENT OF DR. GAMBHEER SINGH (DIN: 02003319) AS PART-TIME NON-OFFICIAL INDEPENDENT DIRECTOR

The 7 asset managers below reported 2,378,021 for, 30,893,634 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,378,021AGAINST: 30,893,634
Largest asset managers voting on “APPOINTMENT OF DR. GAMBHEER SINGH (DIN: 02003319) AS PART-TIME NON-OFFICIAL INDEPENDENT DIRECTOR” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock030,192,635 00Against
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock45,358308,173 00Mixed
Six Circles Trust0141,889 00Against
MASTER INVESTMENT PORTFOLIO0104,715 00Against
Jackson National0102,569 00Against
GPS Funds I043,653 00Against

11. Appointment of shri jitendra srivastava (DIN: 06817799) as chairman and managing director

No official resultsDIRECTOR ELECTIONS

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPOINTMENT OF SHRI JITENDRA SRIVASTAVA (DIN: 06817799) AS CHAIRMAN AND MANAGING DIRECTOR

The 7 asset managers below reported 33,271,655 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 33,271,655
Largest asset managers voting on “APPOINTMENT OF SHRI JITENDRA SRIVASTAVA (DIN: 06817799) AS CHAIRMAN AND MANAGING DIRECTOR” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock353,5310 00For
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
GPS Funds I43,6530 00For

12. To appoint a director in place of shri shashank misra (DIN: 08364288), who retires by rotation and being eligible…

No official resultsDIRECTOR ELECTIONS

7% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO APPOINT A DIRECTOR IN PLACE OF SHRI SHASHANK MISRA (DIN: 08364288), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT

The 7 asset managers below reported 2,376,316 for, 30,895,339 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,376,316AGAINST: 30,895,339
Largest asset managers voting on “TO APPOINT A DIRECTOR IN PLACE OF SHRI SHASHANK MISRA (DIN: 08364288), WHO RETIRES BY ROTATION AND BEING ELIGI” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock030,192,635 00Against
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock0353,531 00Against
Six Circles Trust0141,889 00Against
MASTER INVESTMENT PORTFOLIO0104,715 00Against
Jackson National0102,569 00Against
GPS Funds I43,6530 00For

13. Approve Raising of Funds through Private Placement of Unsecured/Secured Non-Convertible Bonds/Debentures

No official resultsCAPITAL STRUCTUREOTHER

98% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 89,997,703 for, 1,504,549 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 89,997,703AGAINST: 1,504,549
Largest asset managers voting on “Approve Raising of Funds through Private Placement of Unsecured/Secured Non-Convertible Bonds/Debentures” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street01,269,966 00Against
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan820,1230 00For
Catholic Responsible Investments Funds712,8750 00For
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco491,9840 00For
AQR316,1220 00For
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse0199,536 00Against
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

14. Authority to Issue Non-Convertible Debentures

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Authority to Issue Non-Convertible Debentures” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

15. Approval for private placement of securities

No official resultsCAPITAL STRUCTURE

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: APPROVAL FOR PRIVATE PLACEMENT OF SECURITIES

The 7 asset managers below reported 33,226,297 for, 45,358 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 33,226,297AGAINST: 45,358
Largest asset managers voting on “APPROVAL FOR PRIVATE PLACEMENT OF SECURITIES” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock308,17345,358 00Mixed
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
GPS Funds I43,6530 00For

16. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 91,502,252 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,502,252
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street1,269,9660 00For
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan820,1230 00For
Catholic Responsible Investments Funds712,8750 00For
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco491,9840 00For
AQR316,1220 00For
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse199,5360 00For
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

17. Take Note of the Payment of First, Second, Third and Fourth Interim Dividends and Declare Final Dividend

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 91,502,252 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,502,252
Largest asset managers voting on “Take Note of the Payment of First, Second, Third and Fourth Interim Dividends and Declare Final Dividend” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street1,269,9660 00For
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan820,1230 00For
Catholic Responsible Investments Funds712,8750 00For
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco491,9840 00For
AQR316,1220 00For
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse199,5360 00For
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

18. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Accounts and Reports” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

19. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Allocation of Profits/Dividends” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

20. To take note of the payment of 1ST, 2ND, 3RD and 4TH interim dividends and declare final dividend on equity shares of…

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO TAKE NOTE OF THE PAYMENT OF 1ST, 2ND, 3RD AND 4TH INTERIM DIVIDENDS AND DECLARE FINAL DIVIDEND ON EQUITY SHARES OF THE COMPANY FOR THE FINANCIAL YEAR 2024-25

The 7 asset managers below reported 33,271,655 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 33,271,655
Largest asset managers voting on “TO TAKE NOTE OF THE PAYMENT OF 1ST, 2ND, 3RD AND 4TH INTERIM DIVIDENDS AND DECLARE FINAL DIVIDEND ON EQUITY SH” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock353,5310 00For
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
GPS Funds I43,6530 00For

21. Approve Agarwal S. & Associates as Secretarial Auditor and Authorize Board to Fix Their Remuneration

No official resultsAUDIT-RELATED

99.2% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 90,761,254 for, 720,175 against, 20,823 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 90,761,254AGAINST: 720,175ABSTAIN: 20,823
Largest asset managers voting on “Approve Agarwal S. & Associates as Secretarial Auditor and Authorize Board to Fix Their Remuneration” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street1,269,9660 00For
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan820,1230 00For
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco491,9840 00For
AQR316,1220 00For
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse199,5360 00For
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

22. Authorize Board to Fix Remuneration of Statutory Auditors

No official resultsAUDIT-RELATED

99.2% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 90,782,077 for, 720,175 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 90,782,077AGAINST: 720,175
Largest asset managers voting on “Authorize Board to Fix Remuneration of Statutory Auditors” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard41,701,3490 00For
Fidelity14,243,9540 00For
Dimensional9,515,5260 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST6,720,2640 00For
American Century5,054,3290 00For
TIAA2,446,4960 00For
Franklin Templeton1,688,4850 00For
Columbia Threadneedle1,658,2190 00For
State Street1,269,9660 00For
PIMCO1,219,0930 00For
Northern Trust1,059,8260 00For
JPMorgan820,1230 00For
Catholic Responsible Investments Funds0712,875 00Against
ADVISORS' INNER CIRCLE FUND689,5310 00For
Greater India Portfolio578,1150 00For
Invesco491,9840 00For
AQR316,1220 00For
Voya255,7990 00For
SA FUNDS INVESTMENT TRUST249,6200 00For
Brighthouse199,5360 00For
HC CAPITAL TRUST84,4380 00For
Segall Bryant & Hamill Trust84,2350 00For
MFS69,8770 00For
OPTIMUM FUND TRUST68,3970 00For
Goldman Sachs54,9010 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

23. Appointment of secretarial auditor

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINTMENT OF SECRETARIAL AUDITOR

The 15 asset managers below reported 37,156,023 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 37,156,023
Largest asset managers voting on “APPOINTMENT OF SECRETARIAL AUDITOR” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
John Hancock353,5310 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
GPS Funds I43,6530 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

24. Authority to Set Auditor's Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 8 asset managers

The 8 asset managers below reported 3,884,368 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,884,368
Largest asset managers voting on “Authority to Set Auditor's Fees” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab1,474,2240 00For
SEI1,009,5970 00For
VanEck ETF Trust591,1030 00For
Hartford350,3860 00For
Mercer Funds231,2560 00For
SEI Exchange Traded Funds99,7300 00For
Russell Investments86,6720 00For
ADVISORS' INNER CIRCLE FUND41,4000 00For

25. To fix the remuneration of statutory auditors for the financial year 2025-26

No official resultsAUDIT-RELATEDCOMPENSATION

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO FIX THE REMUNERATION OF STATUTORY AUDITORS FOR THE FINANCIAL YEAR 2025-26

The 7 asset managers below reported 33,271,655 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 33,271,655
Largest asset managers voting on “TO FIX THE REMUNERATION OF STATUTORY AUDITORS FOR THE FINANCIAL YEAR 2025-26” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock353,5310 00For
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
GPS Funds I43,6530 00For

26. To receive, consider, approve and adopt the audited standalone and consolidated financial statements of the company for…

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 7 asset managers

Description as filed by funds: TO RECEIVE, CONSIDER, APPROVE AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, ALONG WITH THE REPORTS OF THE BOARD OF DIRECTORS, AUDITORS AND THE COMMENTS OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA THEREON

The 7 asset managers below reported 33,271,655 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 33,271,655
Largest asset managers voting on “TO RECEIVE, CONSIDER, APPROVE AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS OF THE CO” at REC Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock30,192,6350 00For
CULLEN FUNDS TRUST2,332,6630 00For
John Hancock353,5310 00For
Six Circles Trust141,8890 00For
MASTER INVESTMENT PORTFOLIO104,7150 00For
Jackson National102,5690 00For
GPS Funds I43,6530 00For

Largest REC Limited shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top REC Limited shareholders by shares voted on “Accept Financial Statements and Statutory Reports”, 2025-2026
#Asset manager Shares voted
1Vanguard 41,701,349
2Fidelity 14,243,954
3Dimensional 9,515,526
4CAUSEWAY CAPITAL MANAGEMENT TRUST 6,720,264
5American Century 5,054,329
6TIAA 2,446,496
7Franklin Templeton 1,688,485
8Columbia Threadneedle 1,658,219
9State Street 1,269,966
10PIMCO 1,219,093

Shown as share counts, not percentages: no shares-outstanding figure has been matched to REC Limited for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

REC Limited proxy season coverage: 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “REC Limited 2025 Annual Meeting (2025-2026 season): Vote Results”, https://proxyvotesnow.com/company/rec-limited/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.