REC Limited has informed exchanges that its board has approved the appointment of Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO) of the company.
According to the filing, the decision was taken at the board meeting held on April 15, 2026, with the appointment effective from April 2, 2026. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations.
The company stated that the board meeting commenced at 3:00 PM and concluded at 4:50 PM. The appointment marks a key leadership change in REC’s finance function, with Rajesh Kumar taking charge as both Director (Finance) and CFO.
REC, a Maharatna CPSE under the Ministry of Power, plays a critical role in financing power sector projects across India, including generation, transmission, and distribution infrastructure.
Shares of REC ended the day at ₹352.65, up ₹5.65 or 1.63% on the NSE.