SJVNNSESJVN Limited· PowerMediumNeutral
Announced Wed, 13 May · 15:15 IST

SJVN Limited has informed the Exchange regarding entrustment of additional charge of Director (Projects) of the Company to Mr. Suprakash Adhikari w.e.f. May 12, 2026.

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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
₹75.61
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0+3.4+3.4-2.2-0.4-1.2-2.0-1.3-2.1-5.5
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AI summary

SJVN Limited announced that the Ministry of Power has entrusted additional charge of Director (Projects) to Shri Suprakash Adhikari, who is currently Director (Technical) at NHPC Limited, effective May 12, 2026. Shri Adhikari, with over 36 years of experience in hydropower development, will hold this additional role for one year or until a regular incumbent is appointed. Simultaneously, the company disclosed that Shri Sushil Sharma's tenure as Director (Projects) was not extended beyond July 31, 2025, and he ceased to hold the position from that date. This is a routine leadership transition in a Central Public Sector Enterprise (CPSE) under the Ministry of Power.

Likely market impact

This change brings experienced hydropower leadership to SJVN from NHPC but does not indicate any governance concern. The arrangement appears administrative as the role is on additional charge basis, suggesting continuity in project execution without major impact on the company's operational outlook.