SJVNBSESJVN LtdMediumNeutral
Announced Wed, 13 May · 15:11 IST

Additional Charge of Director (Projects)

Kmp ResignedManagement Changes View source PDF

SJVN · 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
+3.4%1-day move
₹74.68
prior close
₹75.73
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.3+0.1+3.4+3.4-2.2-0.4-1.2-2.0-1.3-2.1-5.5
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AI summary

The Ministry of Power has assigned additional charge of Director (Projects) at SJVN to Shri Suprakash Adhikari, currently Director (Technical) at NHPC Limited. He assumed the role on May 12, 2026, for one year or until a regular incumbent takes over. Simultaneously, the Ministry conveyed non-extension of Shri Sushil Sharma's tenure as Director (Projects) beyond July 31, 2025, when he ceased to hold the position. Adhikari has over 36 years of hydropower experience and is not related to any SJVN board member.

Likely market impact

This represents a management transition at SJVN with an external appointment from NHPC filling a key role, while the previous director's extended tenure has now ended.