REC (RECLTD) — Board Meeting

REC Limited's board meeting on September 28, 2025 addressed regulatory fines imposed by NSE and BSE for non-compliance with SEBI Listing Regulations during Q1 FY2025-26. The company failed to maintain required Board of Directors composition and Audit/Nomination & Remuneration Committee compositions. The board noted that Independent Director appointments rest solely with India's Ministry of Power, not the company. REC resolved to expedite appointments with the ministry and requested fine waivers from exchanges. As of April 17, 2025, the company achieved compliance with committee composition requirements, and both exchanges have waived related fines.

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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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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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