REC Limited changes internal auditor following superannuation of incumbent
REC Limited has announced a change in its Internal Auditor. The transition was made effective August 1, 2026.Shri Sahab Narain, who previously served as the Internal Auditor for the company, ceased his duties due to superannuation. He is being replaced by Shri Mukul Agarwal, whose appointment ensures continuity of internal audit functions at REC Limited.
The key details of the auditor change are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Superannuation of Shri Sahab Narain as Internal Auditor. |
| Date of Cessation/Appointment | August 1, 2026 |
| New Auditor | Shri Mukul Agarwal |
Shri Mukul Agarwal has been appointed as the new Internal Auditor. He currently serves as General Manager (Finance & Accounts) at REC Limited. His professional qualifications include being a Member of the Institute of Cost Accountants of India and holding a Bachelor's degree in Commerce.
RECLTD Stock Price Movement
On Friday, REC Limited shares edged higher after market close, gaining 0.59% to settle at ₹372.95. The stock traded within a tight session range, reaching an intraday high of ₹374 and hitting a low of ₹370.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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