📌 Report Summary
🔹 Company Name: REC Limited
🔹 Stock Code:
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BSE: 532955
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NSE: RECLTD
🔹 Key Announcement: -
✅ Smt. Parminder Chopra, CMD of Power Finance Corporation (PFC), has been given additional charge as CMD of REC Limited.
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✅ Tenure: Effective from March 21, 2025, for three months or until further orders.
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✅ Replaces: Shri Vivek Kumar Dewangan, whose tenure ended on March 21, 2025.
📊 Effect on Stock Market
📈 Potential Positive Impact:
✔️ Strong leadership transition with an experienced finance expert.
✔️ Market confidence may rise due to stability in REC’s top management.
✔️ REC and PFC synergy could attract long-term investors.
⚠️ Possible Risks:
❌ Short-term uncertainty due to temporary CMD appointment.
❌ Market response depends on future decisions regarding a permanent CMD.
🏢 Company Overview
📌 REC Limited is a Government of India enterprise engaged in financing the power sector. It funds generation, transmission, and distribution projects across India.
🌎 Headquarters:
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New Delhi, India
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