RECLTDNSEREC Limited· Financial InstitutionMediumNeutral
Announced Tue, 1 Jul · 18:42 IST

Intimation regarding change in Senior Management.

Kmp ResignedManagement 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

Awaiting price reaction for this filing.

AI summary

REC Limited has informed stock exchanges of three changes in its Senior Management (one level below the Board), all effective July 1, 2025. First, Shri R.P. Vaishnaw ceased to be Executive Director upon superannuation (retirement). Second, Shri Rahul Dwivedi, an IAS officer, ceased to be Executive Director after being appointed as Director in the Department of Water Resources, River Development & Ganga Rejuvenation, Government of India. Third, Shri Lakshmana Charyulu was promoted to Executive Director from his prior role as General Manager (Finance & Accounts). He holds an engineering degree and an MBA.

Likely market impact

These are routine senior management transitions — one retirement, one government transfer, and one internal promotion. No material impact on shareholders or the stock is expected, as the company's operations and strategy remain unchanged.