SJVNNSESJVN Limited· PowerMediumNeutral
Announced Thu, 19 Mar · 13:47 IST

SJVN Limited has informed the Exchange regarding Appointment of Mr Parthajit De as Executive Director of the company w.e.f. March 19, 2026.

Management Changes View source PDF

SJVN · price

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹70.50
prior close
₹69.45
base price
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AI summary

SJVN Limited has appointed Mr. Parthajit De as Whole-time Director (Finance) on its Board for a period of five years, effective March 19, 2026. The appointment was made by the Ministry of Power through a government order dated March 18, 2026. Mr. De joins from NHPC Limited, where he spent over 27 years in finance roles, most recently heading Corporate Accounts & Policy. He is a Fellow Cost Accountant (ICMAI), a Chartered Financial Analyst, and holds a CGMA from CIMA, UK. With this appointment, Mr. Sipan Kumar Garg ceases to hold the additional charge of Director (Finance) and CFO of the company.

Likely market impact

This is a routine senior leadership transition at the government-owned power company and fills a key finance role with an experienced PSU professional. Shareholders should see no negative impact; the change brings stability to the finance function rather than disruption.