POWERGRIDNSEPower Grid Corporation of India Limited· PowerMediumNeutral
Announced Sat, 16 May · 15:51 IST

Power Grid Corporation of India Limited has informed the Exchange regarding Cessation of Mrs Sajal Jha as Non- Executive Independent Director of the company w.e.f. May 16, 2026.

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹305.50
prior close
₹296.30
base price
After-mkt
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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 has announced that Smt. Sajal Jha has ceased to be a Non-Official 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. This is a routine completion of her appointment term as a government-nominated independent director. The company has informed the exchanges in compliance with SEBI LODR Regulations, 2015.

Likely market impact

This is a routine governance change reflecting the completion of a fixed tenure appointment. It does not indicate any governance concern or financial impact on the company.