REC Board Officially Approves Rajesh Kumar as Director (Finance) and CFO

Rural Electrification Corporation Limited has officially approved the appointment of Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer, following a board meeting held on April 15, 2026.

Board Meeting Outcome

REC Limited 's Board of Directors convened on April 15, 2026, and formally approved Shri Rajesh Kumar's appointment to the dual role of Director (Finance) and Chief Financial Officer. The appointment is effective from April 2, 2026, as per the company's regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details:	Information
Meeting Date:	April 15, 2026
Meeting Duration:	3:00 PM to 4:50 PM
Effective Date:	April 2, 2026
Position:	Director (Finance) & CFO

Appointment Significance

The appointment represents a significant development in REC Limited's executive leadership structure. As Director (Finance) and Chief Financial Officer, Shri Rajesh Kumar will oversee the company's financial operations, strategic financial planning, and finance-related board responsibilities.

Appointment Details:	Information
Appointee:	Shri Rajesh Kumar
Dual Role:	Director (Finance) & CFO
Board Approval:	April 15, 2026
Regulatory Compliance:	SEBI Regulation 30

Corporate Governance

This leadership appointment demonstrates REC Limited's commitment to maintaining strong financial governance and executive leadership. The company, which operates as a Maharatna enterprise under the Government of India, continues to strengthen its management structure in the power sector financing domain.

The formal board approval and regulatory disclosure underscore the company's adherence to corporate governance standards and transparency requirements for listed entities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.28%	+6.29%	+9.86%	-3.09%	-13.96%	+279.06%

REC Limited has announced a key leadership appointment, designating Shri Mohan Lal Kumawat as Executive Director (Finance-Bonds) in a Key Managerial Personnel (KMP) position. The appointment, effective April 9, 2026, was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The appointment represents a role reassignment within the organization, with Shri Kumawat transitioning from his previous position as Executive Director to the specialized role of Executive Director (Finance-Bonds). This position has been specifically identified and approved as a KMP role within REC Limited's organizational structure.

Parameter:	Details
Position:	Executive Director (Finance-Bonds)
Appointment Date:	April 9, 2026
Classification:	Key Managerial Personnel (KMP)
Previous Role:	Executive Director, REC

Professional Background and Qualifications

Shri Mohan Lal Kumawat brings substantial expertise to his new role, with a comprehensive educational and professional background in finance and corporate governance. His qualifications demonstrate strong technical competency in the financial sector.

Key Qualifications:

Member of the Institute of Chartered Accountants of India (ICAI)
Member of the Institute of Company Secretaries of India (ICSI)
MBA (Finance) degree holder
Over 30 years of post-qualification experience

Areas of Expertise

Shri Kumawat's extensive professional experience spans multiple critical areas that align with his new role responsibilities. His background encompasses organizational and financial planning, financial accounting, and corporate governance, providing a solid foundation for managing finance and bonds operations.

Regulatory Compliance

The appointment announcement was made in compliance with regulatory requirements, with the company filing the necessary disclosures to both NSE and BSE. The notification was signed by Dinesh Garg, Company Secretary & Compliance Officer, ensuring proper adherence to listing obligations and disclosure norms.