New Delhi: Maharatna PSU REC Limited has announced a change in its senior management, with Mr. Chandra Sekhar Sakhamuri, IAS, ceasing to serve as Executive Director following his repatriation to his parent cadre in Tamil Nadu. The cessation became effective on February 11, 2026, as per a regulatory filing to the National Stock Exchange (NSE: RECLTD) and BSE (532955).
Reason for Change
REC Limited clarified that the management change pertains to senior personnel positioned one level below the Board of Directors. The official reason for Mr. Sakhamuri’s departure is:
- Repatriation to Parent Cadre: Tamil Nadu
- Designation Affected: Executive Director
- Effective Date: February 11, 2026
No additional disclosures were reported regarding other relationships or interests between the outgoing executive and the current management.
Read also: REC Limited Wins ICC Green Urja and Energy Efficiency Gold Award for Leadership in Clean Energy
Compliance with Regulatory Requirements
The company confirmed that the cessation notification complies with Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates disclosure of changes in key managerial personnel. The filing was signed by Dinesh Garg, Company Secretary & Compliance Officer, ensuring transparency in line with corporate governance norms.
About REC Limited
REC Limited is a Maharatna Government of India enterprise under the Ministry of Power, specializing in financing infrastructure projects in the power sector and renewable energy. The company plays a crucial role in funding transmission, distribution, and generation projects across India, supporting the nation’s energy transition and infrastructure development initiatives.
