SJVN Limited has informed the Exchange regarding Change in Director(s) of the company.
SJVN · price
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SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, has informed the stock exchanges about a change in the Director (Finance) role. The Ministry of Power has given the additional charge of Director (Finance) to Shri Sipan Kumar Garg, who currently serves as Director (Finance) at THDC India Limited, effective September 1, 2025. This arrangement is for three months or until a permanent incumbent is appointed, whichever is earlier. Consequently, Shri Rajendra Prasad Goyal, who was holding the additional charge, will step down from the role on August 31, 2025. Shri Garg is a qualified Chartered Accountant, Cost Accountant, and Company Secretary with over 23 years of experience in the power sector, including prior CFO roles at NTPC group companies.
This is an interim administrative transition in a government-owned company, so it should not have a material impact on operations or shareholders. The incoming director brings strong finance and PSU experience, but since this is only an additional charge (not a permanent appointment), investors should monitor whether a full-time Director (Finance) is named within the three-month window.