REC concludes 56th annual general meeting

REC Limited successfully held its 56th annual general meeting (AGM) on Wednesday, August 27, 2025, via video conferencing. The meeting commenced with the company secretary welcoming shareholders and introducing the chairman and other directors. Key items included the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, along with reports from the board of directors, auditors, and comments from the comptroller & auditor general of India.

Shareholders also noted the first, second, third, and fourth interim dividends paid and approved the final dividend for the financial year 2024-25. Other significant resolutions included the appointment of Shashank Misra as a director, the remuneration of statutory auditors for 2025-26, and the appointments of Jitendra Srivastava as chairman and managing director, Gambheer Singh, and Durgesh Nandini as part-time non-official independent directors. Approval for private placement of securities and the appointment of a secretarial auditor were also on the agenda.

The meeting featured a question-and-answer session where shareholders engaged with the management on topics such as the company’s subsidiary in Gift City, its future roadmap, and the PM-Surya Ghar Muft Bijli Yojna. Voting on proposed resolutions remained open for 15 minutes after the meeting's conclusion.