We hereby inform the Exchange regarding the appointment of Dr. Ashutosh Karnatak as an Additional Director in the capacity of Non- Executive Independent Director of the Company w.e.f. April 06, 2026. Detailed letter is enclosed.
SEPC · price
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SEPC Limited has appointed Dr. Ashutosh Karnatak as an Additional Director in the capacity of Non-Executive Independent Director, effective April 06, 2026. The appointment is for a first term of five consecutive years, subject to shareholder approval. Dr. Karnatak is a distinguished energy sector leader with over 44 years of experience, having served as Chairman & Managing Director of GAIL (India) Ltd. He brings extensive Board-level experience in risk, sustainability, and governance matters. The appointment was approved based on the recommendation of the Nomination and Remuneration Committee. Dr. Karnatak is not related to any existing directors of the company.
This appointment strengthens the Board's independence and governance structure. Dr. Karnatak's extensive experience in India's energy and infrastructure sector could bring valuable expertise to the company. The appointment is positive for corporate governance standards.