SJVNNSESJVN Limited· PowerMediumNeutral
Announced Fri, 18 Jul · 18:05 IST

SJVN Limited has informed the Exchange regarding Change in Director(s) of the company.

Management 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

Awaiting price reaction for this filing.

AI summary

The Ministry of Power has extended the additional charge of the Director (Finance) post at SJVN Limited to Shri Rajendra Prasad Goyal, who is currently Director (Finance) and holds additional charge of Chairman & Managing Director at NHPC Limited. The extension is for two months or until further orders, effective July 01, 2025. Consequently, the additional charge previously given to Shri Sipan Kumar Garg (Director Finance, THDC India) has been withdrawn. Shri Goyal has over 34 years of experience in finance at NHPC and is being brought in on a temporary basis, not as a permanent appointment.

Likely market impact

This is a routine temporary administrative arrangement within a government PSU and is unlikely to materially impact the stock. Shareholders should note that SJVN continues to lack a permanent full-time Director (Finance), which could remain a point of governance concern until a regular appointment is made.