RECLTDNSEREC Limited· Financial InstitutionMediumNeutral
Announced Thu, 9 Apr · 22:59 IST

Appointment of Key Managerial Personnel of the Company.

Management Changes View source PDF

RECLTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹346.45
prior close
₹349.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+0.8+0.5-0.2+0.1+1.8+5.1+7.7+10.1+10.7+3.1+1.5+0.6+1.8
Up moveDown movePending
AI summary

REC Limited has appointed Shri Mohan Lal Kumawat as Executive Director (Finance-Bonds), with this position being identified and approved as KMP under SEBI regulations. He was previously serving as Executive Director at REC. Kumawat is a member of ICAI and ICSI, holds an MBA in Finance, and brings over 30 years of experience in financial planning, accounting, and corporate governance. The appointment took effect on April 9, 2026. This appears to be an internal elevation/role expansion rather than an external hire.

Likely market impact

This is a routine internal appointment of an existing executive to a KMP-designated role. No material impact on shareholder interests expected; it strengthens the finance leadership structure.