Announced Tue, 23 Jun · 18:52 IST
REC Limited appoints two Independent Directors on board
Management Changes View source PDF
RECLTD · price
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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹362.40
prior close
₹362.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.5+0.2+0.6+0.8+0.5+2.1+1.9+1.0-3.5-0.4——
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AI summary
REC Limited informed that the Ministry of Power has appointed Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official Independent Directors on the board, effective June 22, 2026, for three months or until further orders. Dr. Gupta is an environmentalist with MSME sector expertise; Dr. Ghayathri Devi is a medical practitioner. Both also serve as Independent Directors at NTPC.
Likely market impact
Government-appointed independent directors strengthen board oversight; short tenure suggests interim arrangement pending further orders.