POWERGRIDBSEPower Grid Corporation of India LtdMediumNeutral
Announced Sat, 16 May · 15:03 IST

Cessation of Smt. Sajal Jha as Independent Director due to completion of her tenure effective 16.05.2026.

Director Flagged GovernanceManagement 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. Her tenure completed on 15th May 2026, as per the Ministry of Power order dated 16th May 2025. The company has disclosed this change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a routine completion of a government-nominated independent director's term with no cause for concern indicated.

Likely market impact

The departure of Smt. Sajal Jha represents a routine board transition for POWERGRID, a government-owned PSU. As this is due to natural tenure completion rather than controversy, minimal market impact is expected. However, shareholders should monitor for her replacement appointment as independent directors play a key governance role.