RECLTDBSEREC LtdMediumNeutral
Announced Fri, 1 May · 11:35 IST

Intimation regarding change in Board of Directors of REC Limited.

Management Changes View source PDF

RECLTD · price

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▲ 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
+0.6%1-day move
₹355.20
prior close
₹356.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.4+0.8+0.8+0.6+1.1+1.3+1.1-1.0-2.5-3.3-5.4+3.0
Up moveDown movePending
AI summary

Shri Rajiv Ranjan Jha has ceased to be a Director on the Board of REC Limited with effect from May 1, 2026. He was serving as a Nominee Director representing Power Finance Corporation Limited (PFC). The cessation was due to his superannuation from PFC services on April 30, 2026. This is a routine board change following the retirement of a nominee director from the promoter/sponsor entity.

Likely market impact

This is a routine board composition change and is unlikely to have any immediate impact on REC's operations or stock price. The departure of a nominee director from PFC typically does not signal governance concerns as it is a standard succession event.