SJVN Limited has informed the Exchange regarding Change in Director(s) of the company.
SJVN · price
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Awaiting price reaction for this filing.
The Ministry of Power has appointed Shri Bhupendra Gupta, currently Director (Technical) at THDC India Limited, to take additional charge as Chairman and Managing Director (CMD) of SJVN Limited for 3 months effective May 1, 2025, or until a full-time CMD is appointed. He replaces Shri Raj Kumar Chaudhary, who has ceased to hold the additional charge of CMD. Gupta brings about 32 years of power sector experience, including a prior 12-year stint at SJVN where he worked on the 1500 MW Nathpa Jhakri Hydro Power Plant. The appointment is a temporary arrangement, as it is an additional charge, not a permanent appointment.
This is an interim leadership change at a Navratna government PSU, so short-term continuity is expected. Investors should watch for the announcement of a permanent CMD, as leadership stability in state-owned power companies is a key sentiment driver.