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REC Limited confirmed a ₹108.34 Crore timely interest payment for NCD Series 168. The payment ensures continued compliance with SEBI listing obligations and debt commitments.
REC Limited appointed Mohammed Azaz Ali as Chief Compliance Officer following Hemant Kumar's tenure completion. Ali brings extensive electronics and finance expertise to the role.
REC Limited's board approved a proposal to merge into Power Finance Corporation Limited. The board also appointed Mohammed Azaz Ali as Chief Compliance Officer.
REC Limited appointed Mr. Mohammed Azaz Ali as Chief Compliance Officer effective May 17, 2026. The move strengthens the company's internal corporate governance and regulatory oversight.
REC Limited successfully paid ₹96.54 Crore in interest for its NCD Series 178. This timely payment demonstrates the company's robust liquidity and financial stability.
REC Limited scheduled a board meeting for May 16, 2026, to discuss merging with Power Finance Corporation. Trading window remains closed until further notice.