DPSC Limited has informed the Exchange regarding Appointment of SOMESH DASGUPTA as Executive Director of the company w.e.f. July 01, 2025.
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India Power Corporation (formerly DPSC Limited) has re-appointed Mr. Somesh Dasgupta as Whole-time Director for a period of two years effective July 1, 2025, subject to shareholder approval at the upcoming 105th Annual General Meeting. Mr. Dasgupta has over three decades of experience in the power and utility sector and currently oversees strategic functions including government relations, corporate affairs, public relations, and business development at the company. The board approved the re-appointment on May 20, 2025, based on the recommendation of the Nomination and Remuneration Committee. He is not related to any director on the board or any key managerial personnel, and is not debarred from holding this office by SEBI or any other authority.
This is a routine leadership continuity move with no material impact expected on the stock price. Shareholders will get to vote on the re-appointment at the 105th AGM, providing a checkpoint on board composition.