NTPC Green Energy Limited has informed the Exchange regarding Board meeting held on May 10, 2025.
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NTPC Green Energy Limited held a board meeting on May 10, 2025 (1:30 PM to 2:00 PM) and approved two key leadership changes effective the same day. Shri Rajiv Gupta ceased to be the Chief Executive Officer following his repatriation to the parent company, NTPC. In his place, Shri Sarit Maheshwari has been appointed as the new CEO and Key Managerial Personnel. Maheshwari holds degrees in Mechanical Engineering (AMU), Power Generation Technology (IIT Delhi), and an MBA (IGNOU), with 35 years of experience in the power sector. He was previously Head of Project Korba at NTPC and CEO of NTPC Renewable Energy Limited and NTPC Rajasthan Green Energy Limited.
This is a routine internal leadership rotation within the NTPC group rather than a red flag, and is unlikely to affect business operations or the stock price in the short term. Investors should monitor the new CEO's strategic direction on renewable energy capacity expansion.