REC (RECLTD) — Board Meeting

REC Limited's Board met on December 31, 2025, to address ₹542,800 in combined fines (inclusive of 18% GST) levied by NSE and BSE for non-compliance with SEBI Listing Regulations during Q2 FY2026. The violation involved failure to maintain proper Board composition, specifically the lack of Independent Directors during the quarter ended September 30, 2025. The Board noted that Independent Director appointments rest solely with the Ministry of Power and requested fine waiver, asserting no Company violation occurred given this constraint.

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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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