CESC Limited appoints Rajeev Chowdhury as Head of Regulatory Affairs

CESC Limited has appointed Mr. Rajeev Chowdhury as the Head of the Regulatory Affairs, effective June 3, 2026. The appointment strengthens the company's leadership in navigating the complex regulatory landscape of the power sector. Mr. Chowdhury brings extensive experience in tariff strategy, compliance governance, and sector reforms, which will be instrumental in driving CESC's regulatory and policy initiatives.

The appointment was communicated to the stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure detailed Mr. Chowdhury's qualifications and professional background as mandated by SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023.

Profile of Mr. Rajeev Chowdhury

Mr. Rajeev Chowdhury holds a Post Graduate Diploma in Management (PGDM) from XIMB and a Bachelor's Degree in Civil Engineering. He possesses 28 years of rich experience in the power sector, with a deep focus on regulatory affairs, policy advocacy, and tariff strategy. His career spans leadership roles where he has engaged with key sector stakeholders, including the Central Electricity Regulatory Commission (CERC), State Electricity Regulatory Commissions (SERCs), and the Ministry of Power.

Prior to joining CESC Limited, Mr. Chowdhury served as Director & Group Head, Regulatory at BSES. His earlier professional tenures include positions at PwC, Ortel Communication, and Architect Consulate.

Appointment Details

Detail	Information
Name of the Senior Management Personnel	Mr. Rajeev Chowdhury
Designation	Head of Regulatory Affairs
Date of Appointment	June 3, 2026
Term of Appointment	Not applicable (full-time employment)
Disclosure of Relationship	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.42%	-4.34%	-5.19%	+1.40%	+10.12%	+157.20%

CESC Ltd. was at the centre of a significant block trade on the National Stock Exchange (NSE), with approximately 1,242,842 shares changing hands at a price of ₹175.81 per share, aggregating to a total deal value of ₹21.85 crores.

Block Trade Details

The transaction reflects notable activity in the CESC counter on the NSE. The key parameters of the block trade are summarised below:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~1,242,842
Trade Price:	₹175.81 per share
Total Deal Value:	₹21.85 crores

Significance of the Transaction

Block trades are large-volume transactions typically executed between institutional buyers and sellers outside the regular market order book, often signalling meaningful portfolio activity by institutional participants. The CESC block trade, valued at ₹21.85 crores and involving over 12 lakh shares at ₹175.81 apiece, represents a sizeable single transaction in the stock.