In compliance to Regulation 30 of SEBI LODR, change in Senior Management Personnel (one level below the Board) is submitted. The details given in the attached letter.
NHPC · price
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NHPC Limited has disclosed changes in its Director and Senior Management Personnel under SEBI LODR Regulation 30. Shri Uttam Lal, who served as Director (Personnel), will cease his position upon attaining the age of superannuation effective May 31, 2026. Additionally, Smt. Madhusmita Pany has been listed as Executive Director (ED) with an event recorded, though specific details are not fully visible in the filing. This appears to be a routine leadership transition with Uttam Lal's retirement being age-based and expected.
The superannuation-based cessation of Shri Uttam Lal is a standard and expected transition, unlikely to have any negative market impact. The inclusion of Smt. Madhusmita Pany as ED suggests continuity in senior management structure.