REC: Announcement under Regulation 30 (LODR)-Change in Directorate

In terms of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations 2015 it is informed that Ministry of Power Government of India vide Order dated February 22 2022 has communicated that Shri S K G Rahate Additional Secretary Ministry of Power will look after the work of Chairman & Managing Director (CMD) REC w.e.f. February 22 2022 (F/N) in addition to his current responsibilities for a period of three months or until further orders whichever is earlier. Accordingly Shri Rahate has assumed additional responsibility of the post of CMD REC with effect from February 22 2022.Shri S K G Rahate is not inter se related to any other Director of the Company. Further as per declaration given by him Shri Rahate is not debarred from holding the office of Director by virtue of any SEBI Order or any other such authority. The brief profile of Shri S K G Rahate is mentioned in the letter attached.