Announced Wed, 1 Apr · 20:05 IST
REC Limited nominee director ceases following PFC superannuation
Management Changes View source PDF
RECLTD · price
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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹323.00
prior close
₹317.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.2-1.3-1.0+1.4+2.1+6.3+7.3+8.2+9.2+17.0+9.7+0.9+14.3
Up moveDown movePending
AI summary
Shri Manoj Sharma (DIN: 06822395), Nominee Director of Power Finance Corporation Limited (PFC) on REC's Board, has ceased to be a Director of REC effective April 1, 2026, following his superannuation from PFC on March 31, 2026. This is a routine board change tied to his retirement from the nominating entity, PFC.
Likely market impact
Routine nominee director change due to retirement from parent PFC. No material impact expected; replacement nomination likely from PFC.