REC (RECLTD) — Board Meeting

REC Limited's board reviewed SEBI fines totaling ₹47.00 crores for governance lapses, including delayed appointments of independent directors and committee compositions, while confirming compliance with audit and nomination rules from April 17, 2025 onward. The board sought to waive penalties, citing lack of control over regulatory appointments, and emphasized ongoing dialogue with the Ministry of Power to resolve the matter.

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About REC Limited (RECLTD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹91,070.05 Cr P/E: 5.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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