HPL Electric & Power Limited has informed the Exchange regarding Change in Director(s) of the company.
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HPL Electric & Power Limited has announced the re-appointment of Dr. (Mrs.) Rashmi Vij as an Independent Director for a second term of 5 consecutive years, commencing May 12, 2026. The re-appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. The appointment is subject to shareholder approval. The company has confirmed that Dr. Vij is not debarred from holding the office of director. Dr. Vij, a gold medallist with a doctorate in Psychology, is the Founder Principal of Police DAV Public School since 1996 and has received several national awards including the National Teacher Award from the President of India in 2007. She has no relationship with any existing directors, KMP, or promoters of the company.
This is a routine corporate governance action and a positive affirmation of board stability. The re-appointment of an experienced independent director with a strong academic background should be viewed neutrally to positively by shareholders.