Intimation regarding change in Senior Management.
RECLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
REC Limited has announced the cessation of Smt. Saraswathi as Executive Director of the Company effective May 1, 2026. The reason for departure is superannuation, which means she retired upon reaching the mandatory retirement age. This change falls under the Senior Management category, defined as positions one level below the Board of Directors. The company has made this disclosure in compliance with SEBI Listing Regulations, specifically Regulation 30 read with Schedule III. No brief profile or disclosure regarding relationships between directors was provided as this was a routine retirement rather than an appointment or resignation with cause.
This is a routine change due to superannuation retirement and is unlikely to have any material impact on the company's operations or stock price. It represents a normal management transition at REC Limited.