SJVN Limited has informed the Exchange regarding Change in Director(s) of the company.
SJVN · price
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SJVN Limited informed the exchange that the Ministry of Power has extended the additional charge of Director (Finance) to Shri Sipan Kumar Garg, effective March 1, 2026. The extension is for a period of three months, or until a full-time incumbent is appointed, whichever is earlier. Shri Garg, who currently serves as Director (Finance) and Chairman & Managing Director of THDC India Limited, brings over 24 years of experience in the Indian power sector and holds qualifications as a CA, CMA, CS, and LLB. This is a temporary arrangement, as the role has not yet been filled on a permanent basis.
No immediate impact on shareholders — this is a routine administrative extension of an existing arrangement. The Director (Finance) position remains on an additional-charge basis, meaning SJVN's financial oversight continues without interruption, though the lack of a permanent appointee may raise minor governance continuity questions.