In terms of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, REC has informed that consequent upon the elevation of S.K.G Rahate to the post of Secretary to the Government of India, the Ministry of Power, Government of India vide Order dated May 10, 2022 has communicated that Ravinder Singh Dhillon (DIN 00278074), CMD, Power Finance Corporation (PFC) will look after the work of CMD, REC Limited with effective from May 10, 2022, in addition to his current responsibilities, for a period of three months or until further orders, whichever is earlier. Accordingly, with effective from May 10, 2022, Dhillon has assumed the additional charge of the post of CMD, REC for a period of three months or until further orders, whichever is earlier. Dhillon is not inter se related to any other Director of the Company. Further, as per declaration given by him, Shri Dhillon is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority. The brief profile of Ravinder Singh Dhillon is attached.
The above information is a part of company’s filings submitted to BSE.