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REC Ltd (RECM)

Symbol	Exchange	Currency
RECM	NSE	INR	Real-time
RECMc1:NS	NSE	INR	Delayed
RECMc2:NS	NSE	INR	Delayed
RECMc3:NS	NSE	INR	Delayed
RECM	BSE	INR	Delayed

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393.65 +5.15 +1.33%

09:40:56 - Delayed Data. Currency in INR

Type: Equity

Market: India

ISIN: INE020B01018

S/N: RECLTD

Volume: 506,120
Bid/Ask: 393.35 / 393.60
Day's Range: 387.85 - 393.75

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REC Ltd Company Profile

Get an in-depth profile of REC Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryBanking Services

SectorFinancial

Employees

512

Equity Type

ORD

REC Limited, together with its subsidiaries, engages in the provision of financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and provides letter of undertaking in lieu of bank guarantee, etc. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Pradhan Mantri Surya Ghar Muft Bujli Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; provides project implementation and consultancy services in power sector; and operates National Feeder Monitoring System, a cloud-based IT and analytical platform, designed to monitor the reliability and quality of power. It serves central/state government power utilities, as well as private sector power utilities. REC Limited was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. The company was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.

Contact Information

Address Plot No. I-4 Sector 29
Gurugram, 122001
India

Phone 91 11 4309 1500

Fax 91 11 2436 9849

Web www.recindia.nic.in

Top Executives

Name	Age	Since	Title
Harsh Baweja	59	2024	CFO, Director of Finance & Whole Time Director
Manoj Sharma	59	2023	Nominee Director
Shashank Misra	42	2023	Government Nominee Director
Jitendra Srivastava	-	-	Chairman & MD
Vivek Kumar Dewangan	58	2022	Director
Subrata Aich	-	2024	Chief Risk Officer & Executive Director
. Saraswathi	-	2025	Executive Director
Chandra Sekhar Sakhamuri	-	2025	Executive Director
Narendra Kumar Maurya	-	2024	Executive Director

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