REC Limited (RECLTD.NS)
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Vivek Kumar Dewangan I.A.S. | Director of Finance, Chairman & MD | 2.98M | -- | 1967 |
| Mr. Jyoti Shubhra Amitabh | Executive Director of Law & Company Secretary | 8.44M | -- | 1966 |
| Mr. Vijay Kumar Singh | Director of Projects & Director | 6.02M | -- | 1965 |
| Mr. Hemant Kumar | Chief Compliance Officer | -- | -- | -- |
| Mr. Rameswar Prasad Vaishnaw | Executive Director of Finance | 2.72M | -- | -- |
| Ms. Taruna Gupta | Executive Director | -- | -- | -- |
| Mr. Thangarajan Subash Chandra Bosh | Executive Director of Technical | -- | -- | -- |
| Mr. Fuzail Ahmed | Executive Director of Technical | -- | -- | -- |
| Mr. Rajesh Kumar | Executive Director of Finance & CEO of RECPDCL | -- | -- | -- |
| Ms. Malathi Sundararajan | Chief Risk Officer & Executive Director of Finance | -- | -- | -- |
REC Limited
- Sector:
- Financial Services
- Industry: Credit Services
- Full Time Employees:
- 417
Description
REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.
Corporate Governance
Recent Events
- Mar 28, 2024Ex-Dividend Date