REC Limited

NSEI:RECLTD Stock Report

Market Cap: ₹1.3t

REC Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Vivek Dewangan

Chief executive officer

₹4.0m

Total compensation

CEO salary percentage96.8%
CEO tenure2.5yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure2yrs

Recent management updates

Recent updates

REC's (NSE:RECLTD) Dividend Will Be Increased To ₹4.00

Oct 31
REC's (NSE:RECLTD) Dividend Will Be Increased To ₹4.00

Here's Why REC (NSE:RECLTD) Has Caught The Eye Of Investors

Sep 23
Here's Why REC (NSE:RECLTD) Has Caught The Eye Of Investors

REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50

Aug 01
REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50

REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 12
REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

May 25
Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Apr 08
REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

Mar 12
Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Dec 18
REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?

Dec 12
Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?

Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching

Sep 13
Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching

REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50

Jun 29
REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50

REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00

Nov 01
REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00

CEO Compensation Analysis

How has Vivek Dewangan's remuneration changed compared to REC's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹149b

Jun 30 2024n/an/a

₹146b

Mar 31 2024₹4m₹4m

₹141b

Dec 31 2023n/an/a

₹131b

Sep 30 2023n/an/a

₹127b

Jun 30 2023n/an/a

₹116b

Mar 31 2023₹3m₹3m

₹111b

Compensation vs Market: Vivek's total compensation ($USD47.76K) is below average for companies of similar size in the Indian market ($USD1.09M).

Compensation vs Earnings: Vivek's compensation has increased by more than 20% in the past year.

CEO

Vivek Dewangan (57 yo)

2.5yrs

Tenure

₹4,035,473

Compensation

Mr. Vivek Kumar Dewangan, IAS, serves as Chairman and Managing Director at REC Limited since May 17, 2022 and served as its Director of Finance since February 1, 2024 until May 15, 2024. He served as Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Vivek Dewangan
Chairman & MD2.5yrs₹4.04mno data
Vijay Singh
Director of Projects & Director1.2yrs₹9.69mno data
Harsh Baweja
CFO, Director of Finance & Executive Directorless than a yearno data0.00026%
₹ 3.4m
Jyoti Amitabh
Nodal Officer12.2yrs₹8.44mno data
Hemant Kumar
Chief Compliance Officer1.5yrsno datano data
Arun Tyagi
Executive Director of Finance & HRno datano datano data
Taruna Gupta
Executive Director1.1yrsno datano data
Rajesh Kumar
Executive Director of Finance & CEO of RECPDCLno datano datano data
Malathi Sundararajan
Chief Risk Officer & Executive Director of Finance1.8yrsno datano data
Virender Adhana
Chief Vigilance Officerno datano datano data
Rahul Dwivedi
Executive Director of PMDno datano datano data
Dharmendra Nagpal
Executive Directorless than a yearno datano data

1.3yrs

Average Tenure

58yo

Average Age

Experienced Management: RECLTD's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Vivek Dewangan
Chairman & MD2.5yrs₹4.04mno data
Vijay Singh
Director of Projects & Director2.3yrs₹9.69mno data
Harsh Baweja
CFO, Director of Finance & Executive Directorless than a yearno data0.00026%
₹ 3.4m
Subrata Aich
Executive Directorno datano datano data
Manoj Pande
Part-Time Non Official Independent Director3yrs₹1.06mno data
Gambheer Singh
Part-Time Non-Official Independent Director3yrs₹1.06mno data
Durgesh Tiwari
Part-Time Non-Official Independent Director2.9yrs₹1.06mno data
Narayanan Thirupathy
Part Time Non-Official Independent Director1.7yrs₹790.00kno data
Manoj Sharma
Nominee Director1.3yrs₹500.00kno data
Shashank Misra
Government Nominee Director1.3yrsno datano data

2.0yrs

Average Tenure

58yo

Average Age

Experienced Board: RECLTD's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.