REC Wins Golden Peacock Award for Excellence in Corporate Governance 2024
REC Limited has been awarded the prestigious Golden Peacock Award for excellence in corporate governance in the Power (Financial Services) category. The award, presented by the Golden Peacock Awards Secretariat and Institute of Directors in London, recognizes REC’s unwavering commitment to transparency, accountability, and ethical business practices.
In an official statement, REC expressed gratitude for the honor, highlighting their dedication to upholding the principles of good governance and creating long-term value for stakeholders. REC’s Chairman and Managing Director, Vivek Kumar Dewangan (IAS), emphasized the importance of the award, stating that it reflects their continuous efforts in promoting good governance.
The award ceremony, attended by leaders from various industries, emphasized the significance of corporate governance in fostering sustainable business practices. REC’s recognition among the elite group of awardees reaffirms its position as a leader in the power sector and a role model for corporate governance.
In addition to this achievement, REC Limited has also launched an app for 54EC bond investors, further enhancing its commitment to providing innovative solutions for its stakeholders.