REC Limited — Others, 21-03-2025: Change in Director(s)

Smt. Parminder Chopra has taken on the additional role of CMD at REC Limited for three months, effective immediately. This move follows the end of Shri Vivek Kumar Dewangan's tenure as CMD. Chopra, currently CMD of Power Finance Corporation, has over 35 years of experience in the power and financial sectors, specializing in finance functions including resource mobilization and asset management.

This leadership change may indicate strategic continuity as REC aligns with corporate governance and management stability. Investors might view this positively, given Chopra's extensive background, suggesting a potential positive outlook for operational effectiveness and strategic direction.