Power Grid Corporation of India Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

POWERGRID · price

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+1.6%1-day move

₹313.00

prior close

₹312.85

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AI summary

Power Grid Corporation has announced that two Independent Directors - Shri Shiv Tapasya Paswan and Shri Rohit Vaswani - have completed their tenure and ceased to be Non-Official Directors (Independent Directors) on the Board from 15th April 2026. Their appointments were originally made via Ministry of Power orders dated 16th April 2025. This is a routine tenure completion for government-nominated independent directors, which is standard practice for Central Public Sector Enterprises (CPSEs) where such directors are appointed by the government for fixed terms.

Likely market impact

The company will need to appoint new independent directors to fill the vacancies on its board. This is a routine governance change mandated by government policy and is unlikely to have any immediate impact on stock price or operations.