REC Limited appointed Shri Rajesh Kumar as Director (Finance) for a five‑year term, effective 2 April 2026 after ACC approval.
Kumar brings over 30 years of public‑sector finance experience, previously leading REC’s finance and pioneering tax‑efficient hybrid and zero‑coupon bonds.
His innovative financing structures have expanded REC’s investor base and reduced borrowing costs, supporting the company’s NBFC restructuring.
The appointment is viewed as a neutral‑to‑positive signal for investors, reinforcing governance and financing strategy for India’s energy transition.