REC Limited

REC Limited

REC Limited has announced the appointment of Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official (Independent) Directors to its Board, effective June 22, 2026. These appointments, conveyed by the Ministry of Power, Government of India, are for a term of three months or until further orders. Both directors possess strong profiles, with Dr. Gupta being a distinguished environmentalist and Dr. Devi a medical practitioner with prior public and board experience, including at NTPC Limited. This enhances the company's board oversight and governance structure.

REC Limited

REC Limited announced a disclosure from its promoter, Power Finance Corporation Ltd. (PFC), under Regulation 31(4) of the SEBI Takeover Regulations. PFC declared that it, along with persons acting in concert, has not encumbered (pledged) any shares of REC Limited, directly or indirectly, for the financial year 2025-26. This announcement indicates that the promoter's shareholding in REC remains unpledged, which can be viewed positively by investors as a sign of financial stability and promoter confidence in the company.