VIVIANANSEViviana Power Tech LimitedMediumNeutral
Announced Mon, 9 Mar · 17:02 IST

Viviana Power Tech Limited has informed the Exchange regarding Appointment of Mr Sagar Natvarlal Tailor (DIN: 10725617) as Non- Executive Independent Director of the company w.e.f. March 05, 2026.

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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

Viviana Power Tech Limited has informed the exchange that members approved the regularization of Mr. Laxmi Narayana Mishra and Mr. Sagar Natvarlal Tailor as Non-Executive Independent Directors via postal ballot. Both were initially appointed on January 29, 2026, and will serve a 5-year term until January 28, 2031. Mr. Mishra (63) brings 38+ years of power sector experience, including senior roles at Adani Transmission, Torrent Power, Reliance Power Transmission, and Power Grid Corporation. Mr. Tailor (41) is a qualified Company Secretary, LLB, and MBA with 9+ years in corporate compliance and governance. Neither director holds shares in the company, and neither is related to existing directors or KMPs.

Likely market impact

The addition of two independent directors with strong power-sector and governance backgrounds is a positive signal for board quality and oversight. For shareholders, this strengthens the company's governance structure, particularly relevant given its focus on power transmission EPC projects.