REC LIMITED records Durgesh Nandini leaving the board
The Top 100 filing records a non-executive - independent director board movement in the latest available governance return.
At a glance
- Company
- REC LIMITED (BSE 532955)
- Director
- Durgesh Nandini
- DIN
- 09398540
- Filed category
- Non-Executive - Independent Director
- Movement
- LEAVE
- Market-cap band
- Top 100
REC LIMITED disclosed that Durgesh Nandini ceased from its board in the corporate-governance filing for 2026-06. The filed classification is “Non-Executive - Independent Director”; this item records the disclosed movement without inferring a reason or outcome.
The source is the company’s BSE corporate-governance XBRL filing for 2026-06.
The board-change engine identifies this as a quarter-over-quarter cessation by comparing DIN and disclosed director identity across consecutive filings.
The record does not establish motive, performance, or the terms of any subsequent appointment.
Background & context
Board movements are detected from filed board rosters, with DIN used as the primary person key wherever disclosed.
A mid-period movement may later be supplemented by a Regulation 30 disclosure or shareholder notice; the corporate-governance return remains the factual spine used here.
The rules, explained
SEBI LODR — Regulation 30 (Disclosure of material events)
SEBI LODR Reg. 30 · Sch. IIIListed entities must disclose material events and board decisions — including the appointment, resignation or removal of directors — to the stock exchanges promptly, generally within a short window of the board's decision. This is the filing behind most of the appointments and exits the Journal reports.
Why it matters: It is why board changes become public within a day, not at the next AGM.
SEBI LODR — Regulation 25 (Independent directors' obligations)
SEBI LODR Reg. 25 · Companies Act Sch. IVIndependent directors are bound by a code (Schedule IV), meet separately at least once a year without management present, and are subject to detailed resignation-disclosure and tenure rules. The largest listed companies must also carry directors-and-officers (D&O) insurance for them.
Why it matters: It defines what independence actually obliges a director to do.
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What it means
A filed cessation changes the board roster. Any claim about a replacement search requires a later disclosure and is not inferred here.
Who this affects
Directors and board candidates
The movement updates the observable supply-and-demand map for listed-board seats.
Investors and governance teams
The filing provides an auditable roster change for board-composition tracking.
By the numbers
The list
Three checks before using a board-movement signal
- 1
Match the DIN
Names vary across filings; DIN is the stable identity key.
- 2
Read the filed category
Independent, executive and non-executive classifications carry different composition implications.
- 3
Wait for the next disclosure
A replacement, committee assignment or shareholder vote must be separately evidenced.
What to do
- Treat the filed movement as a roster fact, not as evidence of intent.
- Use DIN when reconciling the same director across companies and quarters.
- Check subsequent Regulation 30 and shareholder notices for any additional terms.
How it unfolded
- 2026-07-29
BSE filing date used for this item.
- 2026-06
Board roster records a leave movement.
- Next filing
The next governance return will show whether the disclosed roster persists.
Questions & answers
How is a board appointment or cessation detected?
The governance engine compares consecutive filed board rosters and uses DIN as the primary identity key. A DIN appearing in the later roster is a join; one disappearing is a leave.
Does a board-change filing explain why the movement occurred?
Not necessarily. This item reports only the filed roster change and classification. Reasons are included only when an official disclosure states them.
Related on the Exchange: Explore board opportunities · Use Board Foresight · View the company board profile · Independent-director resources
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ID AppointmentTVS Motor Company Limited records RAVINDRAN SHANMUGAM joining the board
Board AnnouncementTVS Motor Company Limited records Deepali Pant Rajeev Joshi leaving the board
India ID Exchange · Gladwin International. Compiled from public SEBI LODR filings, exchange notices and annual reports. Governance decision-support — not investment or legal advice, and not a statement about any company’s or person’s intent. Illustrative preview item; names shown are representative.