REC Share Price

ABOUT REC

• Industry Misc. Financial Services
• ISIN INE020B01018
• BSE Code 532955
• NSE Code RECLTD

REC Limited is a non-banking financial company (NBFC). The Company's products are interest-bearing loans to state electricity boards, state power utilities/state power departments and the private sector for all segments of power infrastructure. It operates in one business segment which is lending to power, logistics and infrastructure sectors. 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 a revolving bill payment facility. Its debt refinancing policy is applicable for extending term loans for refinancing existing project term loan of all types of commissioned project in power sector, including renewable energy projects, by government and private sector borrowers. It acts as a nodal agency for the Government of India's schemes.

MANAGEMENT

• Vivek Dewangan Chairman of the Board, Director (Finance), Managing Director
• Harsh Baweja Chief Financial Officer, Director - Finance, Executive Director
• Jyoti Amitabh Executive Director - Law, Company Secretary, Compliance Officer
• Pradeep Fellows Executive Director
• Subhash Garg Executive Director
• Vijay Singh Executive Director, Director - Technical (Projects)