New Delhi । REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, received an award in the financial services category at the ‘Best Presented Annual Report Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosure 2023’. The awards were organized by the South Asian Federation of Accountants (SAFA).

The award was presented to REC officials at a ceremony held in Sri Lanka.


These awards recognize organizations for their exceptional transparency, adherence to governance standards, and exemplary reporting practices in their annual disclosures.

This accolade from SAFA, a highly esteemed body representing accounting professionals across South Asia, underscores REC’s commitment to the highest standards of corporate governance and excellence in financial reporting.

SAFA’s annual awards recognise companies across South Asia that set a benchmark in financial accountability and disclosure through exceptional reporting and governance practices.