New Delhi, April 7 State-owned REC Ltd announced on Tuesday that Rajiv Ranjan Jha, Director (Projects) of Power Finance Corporation (PFC), has been appointed as a nominee director of PFC on the board of REC.
According to a regulatory filing, based on a declaration received from Jha, he is not prohibited from holding the position of Director by any order from the Securities and Exchange Board of India (SEBI) or any other such authority.
"The Ministry of Power, vide an order dated April 6, 2026, has conveyed the approval of the Competent Authority for the nomination of Rajiv Ranjan Jha, Director (Projects), PFC, as a nominee director of PFC on the board of REC, effective April 6, 2026," the filing stated.
Jha has been working with PFC since March 1997. He has been holding the position of Director (Projects), PFC, since October 28, 2021.
He holds a Bachelor's Degree in Science (Mechanical Engineering) from NIT Jamshedpur, affiliated with Ranchi University, and a Diploma in Management from IGNOU.