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REC Ltd. Wins Golden Peacock Award 2024 for Excellence in Corporate Governance.

Awards | Dated: 26 Dec 2024

REC Limited (Rural Electrification Corporation Limited), a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power and a leading non-banking financial company (NBFC), has been awarded the prestigious Golden Peacock Award 2024 for Excellence in Corporate Governance for its commitment to transparency, accountability, and ethical business practices.

🎯 Key Highlights:

  • - The award was presented by the Golden Peacock Awards Secretariat and Institute of Directors in a ceremony held in London, United Kingdom (UK).
  • - REC won the award in the Power (Financial Services) category.

💡 Other Important Facts:

  • (i) The winners were selected by a jury chaired by Justice M.N. Venkatachaliah, Chairman, Institute of Directors and the 25th Chief Justice of India, along with members including Justice Uday Umesh Lalit, former Chief Justice of India, and Prof. (Judge) Mervyn E. King SC, among others.
  • (ii) The Golden Peacock Awards, established in 1991 by the Institute of Directors (IOD), is regarded as a benchmark of corporate excellence worldwide.

📚 Test Your Knowledge:

Which company recently won the Golden Peacock Award 2024 for Excellence in Corporate Governance?

Correct Answer: REC Ltd.

🚀 Quick Recap:

About REC Limited

  • CMD : Vivek Kumar Dewangan
  • Headquarters : New Delhi