Two Executive Directors retire on superannuation

Management Changes View source PDF Explain this filing

POWERGRID · price

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹260.50

prior close

₹258.20

announcement price

After-mkt

timing

Nifty 100market-0.9%-1.4% vs market

Power peers, median of 37sector · industry level-2.0%-0.3% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty 100 and 0.3 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.3

15m

-0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3-0.9-1.4-2.0-0.3

Next day

-1.3-0.4-1.0-1.5+0.1

-1.6+0.6-2.2-0.7-0.9

-2.5-0.2-2.4-2.0-0.5

-6.1-2.0-4.1-4.0-2.0

-3.9-0.8-3.1-3.9+0.0

-4.6+0.1-4.8-2.8-1.8

15d

-5.2-0.4-4.8-10.6+5.5

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UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Power Grid Corporation has informed the exchanges that two Executive Directors, Shri Atul Kumar Bali and Shri Dilip Nagesh Rozekar, have ceased to be Senior Management Personnel on 30 September 2026 upon attaining the age of superannuation. They were part of senior management, one level below the Board of Directors.

Likely market impact

Routine retirement of two Executive Directors due to superannuation; no governance concerns. New appointees are expected to be named by the company.