POWERGRIDBSEPower Grid Corporation of India LtdMediumNeutral
Announced Sat, 16 May · 15:01 IST

Cessation of Smt. Sajal Jha as Independent Director due to completion of her tenure on the Board of POWERGRID.

Kmp ResignedManagement Changes View source PDF

POWERGRID · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹305.50
prior close
₹296.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.4-0.3-0.7-2.4-1.6-2.1-3.7-3.3-1.6-6.5-5.3-5.3
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AI summary

Power Grid Corporation of India Ltd has announced that Smt. Sajal Jha (DIN: 09402663) has ceased to be a Non-Official Director (Independent Director) on the Board of POWERGRID effective 15th May, 2026. This cessation is due to the completion of her tenure as per the Ministry of Power order dated 16th May, 2025. The company has made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary Satyaprakash Dash signed the filing dated 16th May, 2026.

Likely market impact

This is a routine governance event as Smt. Sajal Jha's departure is due to natural tenure completion rather than any dispute or performance issue. Shareholders should note that the government-owned utility continues to have a fully constituted board.