scorecardresearchREC Share Price Live NSE, BSE, Today - REC Stock Price


BSE: 532955 | NSE: RECLTD | ISIN: INE020B01018 | SECTOR: Misc. Financial Services

544.25 0.45 (0.08%)

18 May 2024, 06:59 (IST)
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Company Description

  • Misc. Financial Services
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  • NSE

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REC Limited is an India-based infrastructure finance company. The Company's products are interest-bearing loans to state electricity boards, state power utilities/state power departments and private sector for all segments of power infrastructure. It operates in one business segment which is lending to power, logistic and infrastructure sector. Its financial products include long-term loan, medium term loan, short-term loan, debt refinancing, equity financing, financing of equipment manufacturing for power sector, financing of coal mines, policy for funding against regulatory assets (excluding return on equity component) of power utilities and revolving bill payment facility. Its debt refinancing policy is applicable for extending term loan for refinancing existing project term loan of all types of commissioned project in power sector, including renewable energy projects, of government and private sector borrowers. It acts as a nodal agency for the Government of India's schemes.

Company Officers

  • Vivek Dewangan

    Chairman of the Board, Director (Finance), Managing Director
  • Malathi Sundararajan

    Executive Director - Finance, Chief Risk Officer
  • Harsh Baweja

    Director (Finance)
  • Daljeet Khatri

    Executive Director - Finance
  • Rajesh Kumar

    Executive Director - Finance, Chief Executive Officer - RECPDCL
  • Arun Tyagi

    Executive Director - Finance
  • R. Vaishnaw

    Executive Director - Finance
  • Jyoti Amitabh

    Executive Director - Law, Company Secretary, Compliance Officer
  • Vijay Singh

    Executive Director, Director - Technical (Projects)
  • Virender Adhana

    Chief Vigilance Officer