REC Limited Appoints New Chief Compliance Officer Following Tenure Completion
REC Limited announced a change in its Senior Management structure on May 17, 2026. The update concerns the transition in the Chief Compliance Officer position within the company.The change was necessitated by the completion of Shri Hemant Kumar's three-year tenure serving as the Company's Chief Compliance Officer.
In his place, REC Limited appointed Mr. Mohammed Azaz Ali, who previously held the position of General Manager (Finance). Mr. Azaz Ali brings a strong educational background to the role, possessing a Bachelor's degree in Electronics Engineering and a Master's degree in Business Administration (Finance).
The transition details are summarized below:
| Particulars | Detail |
|---|---|
| Outgoing Role | Chief Compliance Officer |
| Outgoing Officer | Shri Hemant Kumar |
| Reason for Change | Completion of three year's tenure |
| New Officer | Mr. Mohammed Azaz Ali |
| New Role | Chief Compliance Officer |
| Date of Change | May 17, 2026 |
RECLTD Stock Price Movement
On Friday, REC Limited shares slipped by 0.66% to settle at ₹345.85, marking a notable decline from the previous day's close. The stock saw significant activity, trading on a total volume of 3.22 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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