POWERGRIDNSEPower Grid Corporation of India Limited· PowerLowNeutral
Announced Wed, 1 Apr · 10:31 IST

Power Grid Corporation of India Limited has informed the Exchange regarding Outcome of Board Meeting held on April 01, 2026.

Board & Shareholder Meetings 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
-1.6%1-day move
₹295.80
prior close
₹295.65
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.2+0.0-1.6-0.3+0.1-0.3+0.7+1.5+7.0+8.1-3.7-2.8
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AI summary

Power Grid Corporation's Board of Directors has approved the appointment of Shri Burra Vamsi Rama Mohan as Chairman & Managing Director (CMD) effective April 1, 2026. The appointment follows a Ministry of Power order dated March 18, 2026. Shri Vamsi previously served as Director (Projects) at POWERGRID and has over 33 years of experience in power transmission and telecom sectors. His term will run until his superannuation on July 31, 2030, or until further orders. He is not related to any existing directors or Key Managerial Personnel and is not debarred from holding the position.

Likely market impact

This is an internal promotion ensuring continuity in leadership for India's largest power transmission PSU. Shri Vamsi's extensive experience in projects, regulatory affairs, and telecom positions him well to guide POWERGRID's strategic initiatives.