ADANIPOWERNSEAdani Power Limited· PowerHighNegative
Announced Tue, 17 Mar, 2026 · 19:55 IST

Adani Power Limited has informed the Exchange regarding Cessation of Mr. Deepak S Pandya as Company Secretary & Compliance Officer of the company w.e.f. March 31, 2026.

Kmp ResignedManagement Changes View source PDFExplain this filing

ADANIPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.8%Reaction day
₹155.35
prior close
₹156.00
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.9%-1.7% vs market
Power peers, median of 37sector · industry level+1.6%-2.4% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty 100 and 2.4 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
-0.7
15m
-1.0
30m
-2.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.8+0.9-1.7+1.6-2.4
Next day
-2.5-2.4-0.1+0.3-2.7
2d
-2.3-1.9-0.4+0.9-3.2
3d
-5.4-4.7-0.7-3.7-1.7
4d
-3.3-3.0-0.3-2.1-1.2
5d
-0.9-1.3+0.4-0.8-0.2
1w
-3.3-5.6+2.4-7.2+3.9
15d
+16.7+1.5+15.3+9.2+7.6
1m
+28.4+4.2+24.2+15.5+12.9
2m
+41.0+1.2+39.8+11.2+29.8
3m
+49.3+4.1+45.2+10.9+38.4
UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Adani Power has informed the exchanges that Mr. Deepak S Pandya, the Company Secretary and Compliance Officer, will superannuate (retire) from the company effective end of business on March 31, 2026, after over 10 years in the role since August 2015. In his place, Mr. Puneet Bansal will take over as the new Company Secretary and Compliance Officer from April 1, 2026. Mr. Bansal, a seasoned company secretary and legal professional with 30+ years of experience, currently serves as Group Head – Governance & Secretarial at Adani Group, having joined in 2021. The change was recommended by the Nomination and Remuneration Committee and approved by the Board at its meeting on March 17, 2026.

Likely market impact

This is a routine KMP succession due to the incumbent's planned retirement, with a well-qualified internal successor already in place, so it is unlikely to materially affect the stock or shareholder sentiment.