REC Limited has informed the Exchange regarding Change in Director(s) of the company.
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REC Limited informed the exchanges that Director (Projects) Vijay Kumar Singh retired from service on June 30, 2025 upon superannuation and ceased to be a Director and Key Managerial Personnel effective July 1, 2025. The Ministry of Power, Government of India, has assigned the additional charge of the Director (Projects) post to the existing Chairman & Managing Director Jitendra Srivastava (an IAS officer) for a period of up to 3 months, until a regular appointee is named. This is a planned leadership transition in the government-owned Maharatna power sector financier, with the top role being managed internally on a temporary basis.
There is no disruption to leadership as the current CMD himself has taken the additional charge, ensuring continuity. For shareholders, this is a routine administrative change with no immediate impact on operations or the stock price.