Power Grid Corporation of India Limited has informed the Exchange regarding Appointment of Shiv Tapasya Paswan as Independent Director of the company w.e.f. April 16, 2025.
POWERGRID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Power Grid Corporation of India has appointed Shiv Tapasya Paswan as an Independent Director on its board, effective April 16, 2025. Independent Directors are non-executive board members mandated by SEBI to bring objective oversight and protect minority shareholder interests. Power Grid is a Maharatna PSU under the Ministry of Power, and such appointments are typically made by the Government of India as part of its statutory role in selecting independent directors for central public sector enterprises.
This is a routine board-level appointment at a government-owned company and is unlikely to have any material impact on the stock price or shareholder value. It simply fills an independent director seat as required under corporate governance norms.