Company REC Limited

RECLTD

INE020B01018

Corporate Financial Services

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Delayed NSE India S.E. Other stock markets 12:03:19 2024-05-09 am EDT			5-day change	1st Jan Change
526.5 ^INR	-1.40%		-4.69%	+27.87%

May. 07	India's Muthoot Finance gives initial guidance for dollar bonds, bankers say	RE
May. 06	India state-owned lenders slide as regulator mulls bigger provisions for project loans	RE

REC Limited is an India-based infrastructure finance company. The Company's products are interest-bearing loans to state electricity boards, state power utilities/state power departments and private sector for all segments of power infrastructure. It operates in one business segment which is lending to power, logistic and infrastructure sector. Its financial products include long-term loan, medium term loan, short-term loan, debt refinancing, equity financing, financing of equipment manufacturing for power sector, financing of coal mines, policy for funding against regulatory assets (excluding return on equity component) of power utilities and revolving bill payment facility. Its debt refinancing policy is applicable for extending term loan for refinancing existing project term loan of all types of commissioned project in power sector, including renewable energy projects, of government and private sector borrowers. It acts as a nodal agency for the Government of India's schemes.

Number of employees: 417

INR in Million	2023	Weight	2024	Weight	Delta
Infrastructure Finance 100.0 %	394,783	100.0 %	475,048	100.0 %	+20.33%

INR in Million	2023	Weight	2024	Weight	Delta
India 100.0 %	394,783	100.0 %	475,048	100.0 %	+20.33%

Managers	Title	Age	Since
Vivek Kumar Dewangan CEO	Chief Executive Officer	57	22-05-16
Rameshwer Prasad Vaishnaw DFI	Director of Finance/CFO	-	-
Jyoti Shubhra Amitabh CMP	Compliance Officer	-	12-09-02
Vijay Kumar Singh BRD	Director/Board Member	-	07-03-28
Malathi Sundararajan PRN	Corporate Officer/Principal	-	-
Virender Kumar Adhana PRN	Corporate Officer/Principal	-	22-09-15
Sanjay Kumar PRN	Corporate Officer/Principal	-	-
T. Subash C. Bosh PRN	Corporate Officer/Principal	-	-
Shavinder Lal Batta LAW	General Counsel	-	-

Members of the board	Title	Age	Since
Jyoti Shubhra Amitabh CMP	Compliance Officer	-	12-09-02
Vivek Kumar Dewangan CEO	Chief Executive Officer	57	22-05-16
Vijay Kumar Singh BRD	Director/Board Member	-	07-03-28
Manoj Manoharrao Pande BRD	Director/Board Member	-	21-11-14
Gambheer Singh BRD	Director/Board Member	-	21-11-14
Durgesh Nandini Tiwari BRD	Director/Board Member	-	21-12-26
Manoj Sharma BRD	Director/Board Member	-	23-07-10
Sanjay Kulshrestha BRD	Director/Board Member	55	-
Narayanan Tirupathy BRD	Director/Board Member	-	23-03-05
Shashank Misra BRD	Director/Board Member	-	23-08-20

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	2,633,224,000	1,247,024,612 ( 47.36 %)	0	47.36 %

Name	Equities	%	Valuation
POWER FINANCE CORPORATION LIMITED 52.63 %	1,385,993,662	52.63 %	7 491 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 3.722 %	98,020,785	3.722 %	530 M ₹
Government of Singapore 1.116 %	29,392,530	1.116 %	159 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 1.035 %	27,263,785	1.035 %	147 M ₹
SBI Funds Management Ltd. 0.8453 %	22,259,615	0.8453 %	120 M ₹
DSP Asset Managers Pvt. Ltd. 0.6636 %	17,474,177	0.6636 %	94 M ₹
Invesco Asset Management (India) Pvt Ltd. 0.6231 %	16,407,840	0.6231 %	89 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio) 0.5067 %	13,342,825	0.5067 %	72 M ₹
Kotak Mahindra Asset Management Co. Ltd. 0.4725 %	12,442,442	0.4725 %	67 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 0.3908 %	10,289,409	0.3908 %	56 M ₹

Name	Equities	%	Valuation
RATTANINDIA POWER LIMITED 1.72%	92,568,105	1.72%	9,190,161 $

REC Ltd.

Plot no. I-4 Sector 29

122001, Gurugram

+91 12 4444 1300

http://www.recindia.nic.in

Name	Category and Sector
REC Power Distribution Co., Ltd.

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B-

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	1st Jan change	Capi.
REC LIMITED	+29.34%	16B
POWER FINANCE CORPORATION LIMITED	+15.24%	16.67B
MITSUBISHI HC CAPITAL INC.	+6.99%	9.49B
CHAILEASE HOLDING COMPANY LIMITED	-21.24%	8.38B
ELEMENT FLEET MANAGEMENT CORP.	+7.84%	6.5B
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED	+66.25%	5.4B
L&T FINANCE LIMITED	-2.03%	4.8B
REINET INVESTMENTS S.C.A.	+1.79%	4.47B
FEDERAL HOME LOAN MORTGAGE CORPORATION	+58.82%	4.41B
FAR EAST HORIZON LIMITED	-1.79%	3.41B

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