RECLTDNSEREC Limited· Financial InstitutionMediumNeutral
Announced Tue, 3 Mar · 12:08 IST

Intimation regarding completion of tenure of Independent Director 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

Awaiting price reaction for this filing.

AI summary

REC Limited informed the stock exchanges that Shri Narayanan Thirupathy (DIN: 10063245) has completed his three-year term as Part-time Non-Official (Independent) Director on the company's board. He was originally appointed by the Ministry of Power, Government of India, via an order dated March 3, 2023. His tenure ended on March 2, 2026, and he ceased to be a Director of REC with effect from March 3, 2026. The disclosure has been made under SEBI Listing Regulations. This is a routine, scheduled end of tenure with no governance concerns flagged.

Likely market impact

This is a routine, pre-scheduled end of a government-appointed independent director's term and is unlikely to have any material impact on the stock price or operations. Investors may await news on whether a replacement independent director will be appointed by the Ministry of Power.