Announced Thu, 23 Jul · 16:32 IST
CMD's additional charge as Director (Projects) extended by 3 months
Management Changes View source PDF
POWERGRID · price
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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹289.90
prior close
₹286.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.6+0.5+0.3-0.7—————————
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AI summary
Power Grid Corporation's Chairman and Managing Director Shri Burra Vamsi Rama Mohan has been given an extended additional charge as Director (Projects) for three months from 1st July 2026. The extension continues till a regular incumbent assumes charge or until further orders, whichever is earliest. This follows a Ministry of Power order dated 23rd July 2026 and is a routine administrative measure to ensure leadership continuity in the role.
Likely market impact
Routine administrative update; no material impact on shareholders. Signals ongoing leadership continuity until a regular Director (Projects) is appointed.