Intimation regarding change in Senior Management.
RECLTD · price
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REC Limited has informed the stock exchanges that Shri Dharmendra Nagpal has ceased to be Executive Director of the company with effect from March 1, 2026. The departure is on account of superannuation, i.e., retirement upon reaching the eligible age. No other details such as profile or relationships with other directors have been disclosed as they are marked not applicable. The intimation has been made under SEBI Listing Regulations, which require listed companies to disclose changes in senior management (one level below the Board).
This is a routine leadership transition due to retirement and is unlikely to cause any material disruption. Investors should watch for the appointment of a replacement, which could be a near-term catalyst in terms of strategic continuity.