Consequently, the paid-up capital of the company will increase to Rs 2,633.22 crore — 2,63,32,24,000 equity shares of Rs 10 each. The company has also received shareholders’ approval to appoint Vivek Kumar Dewangan as its Chairman and Managing Director. The Appointments Committee of the Cabinet (ACC) conveyed the appointment of Dewangan as Chairman and Managing Director (CMD) of REC on May 13, 2022.
