NHPC Limited has informed the Exchange regarding Completion of tenure of Shri Jiji Joseph as Non- Executive Independent Director of the company on April 16, 2026.
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NHPC Limited has informed the stock exchanges that three Independent Directors will complete their tenures on April 16, 2026, as per a Ministry of Power (MoP), Government of India letter dated April 17, 2025. The directors affected are Dr. Uday Sakharam Nirgudkar, Shri Jiji Joseph, and Shri Anil Kumar Sood. This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing comes from the Company Secretary, Rupa Deb, dated April 16, 2026. This represents a significant change in the board composition of the state-owned hydropower company.
The simultaneous completion of tenure of three Independent Directors represents a substantial board transition for NHPC. This could temporarily impact board committees and corporate governance structure until new independent directors are appointed by the government. The stock may see minor reaction depending on market sentiment around governance continuity at the PSU.