REC Limited has announced a significant change in its senior management structure. Shri J.K. Nayak has ceased his role as Executive Director of REC Limited, having been appointed as the Chairman & Managing Director of the Indian Renewable Energy Development Agency Limited. This transition, effective October 30, 2026, marks a key leadership shift within the company and underscores the movement of executive talent within government-backed entities.
Key Leadership Transition at REC Limited
REC Limited, a prominent Maharatna company, has officially notified stakeholders of a change in its senior management. The announcement details the cessation of Shri J.K. Nayak from his position as Executive Director of REC Limited. This change is a direct consequence of his appointment to a new, prominent leadership role as Chairman & Managing Director at the Indian Renewable Energy Development Agency Limited (IREDA).
Details of the Management Change
The transition took effect on October 30, 2026 (A/N). REC Limited has confirmed that further details regarding a ‘Brief Profile’ or ‘Disclosure of relationships between directors’ are not applicable for this particular change. This signifies a standard executive movement rather than a departure under different circumstances. The company provided this intimation in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
