REC Limited has appointed Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi as Part-time Non-Official Independent Directors on its board for a period of three months. The appointments, effective from June 22, 2026, were conveyed by the Ministry of Power, Government of India, via an order dated June 22, 2026. The tenure is valid until further orders, whichever is earlier.

The company stated that both directors have assumed charge of their posts. Dr. Anil Kumar Gupta and Dr. Kanchiappan Ghayathri Devi have submitted declarations confirming they are not debarred from holding the office of director by virtue of any SEBI order or order of any other authority.

Director Profiles

Dr. Anil Kumar Gupta is a distinguished environmentalist and leader in the MSME sector with decades of experience in environmental sustainability and governance. He holds an M.Sc. in Environmental Science, an M.B.A., M.A., LL.B., and Ph.D. He currently serves on the boards of the Central Pollution Control Board and Delhi Pollution Control Committee. He is also a member of the Expert Appraisal Committee for Environmental Impact Assessment and serves as an Independent Director in NTPC Limited w.e.f. May 16, 2025.

Dr. Kanchiappan Ghayathri Devi is a Medical Practitioner at Suriyaa Diagnostics since 1997. She holds an MBBS, a Diploma in Medical Cosmetology, and an MBA in Hospital Management. She has previously served as a member of the State Women's Commission (2007–2010), an MLA (2006–2011), and OSD to the Ministry of Environment and Forests (2011–2014). She is also an Independent Director in NTPC Limited w.e.f. May 19, 2025.

Appointment Details

Power Finance Corporation Ltd has confirmed that it, along with persons acting in concert, has not created any encumbrance on the shares of REC Limited for FY 2025-26. The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited, providing assurance regarding the status of the shareholding during the specified financial year.

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires entities to declare whether any encumbrance has been made, directly or indirectly, on the shares of a target company. The filing confirms that no such encumbrance exists for the period in question.

Manish Kumar Agarwal, the Company Secretary & Compliance Officer of Power Finance Corporation Ltd, authenticated the document. The communication was addressed to the Listing Department of the NSE and the Department of Corporate Services of the BSE, as well as the Audit Committee of REC Limited.

Key Disclosure Details

The filing serves as a formal compliance update for the exchanges and the Audit Committee of REC Limited, ensuring transparency in the shareholding structure of the company.