Ravisankar Ganesan has ceased to be Director (Finance) & Chief Financial Officer of Power Grid Corporation of India Ltd following his superannuation on June 30, 2026. The company appointed Venkata Subrahmanayam Vallurie as the new Chief Financial Officer effective July 1, 2026. The Board of Directors approved the appointment on June 10, 2026, during a meeting that also sanctioned infrastructure upgrades and loan facilities.

Regulatory Disclosure

The company informed the National Stock Exchange of India Limited and BSE Limited regarding the change in Key Managerial Personnel. The notification was submitted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated January 30, 2026.

Profile of New CFO

Venkata Subrahmanayam Vallurie is a qualified Cost Accountant with over 35 years of post-qualification experience. He has spent more than 32 years with Power Grid Corporation of India Ltd, serving in Regional Headquarters and the Corporate Centre. His expertise includes resource mobilisation, financial concurrence, enterprise resource planning (ERP), financial accounting, and internal audit. He has been instrumental in digitizing finance operations, including SAP system implementation. Previously, he served in the Finance Department of Northern Region-I and as Head of Finance in the Telecom Department. He was most recently the Head of Finance (HoF) of Southern Region-I.

Table of Key Details

The filing was signed by Anjana Luthra, Company Secretary & Compliance Officer of Power Grid Corporation of India Ltd.

Dr. Yatindra Dwivedi, Director (Personnel) at Power Grid Corporation of India Ltd , has been entrusted with the additional charge of Director (Finance) effective July 1, 2026. This interim measure ensures continuity in the central transmission utility's financial leadership.

The additional responsibility has been assigned for a period of three months or until a regular incumbent is posted, whichever is earlier. This decision follows a Ministry of Power (MoP) order dated June 27, 2026.

Appointment Details

The assignment of the additional charge is based on specific directives issued by the Ministry of Power. Dr. Dwivedi will continue to hold his existing position as Director (Personnel) while managing the finance portfolio.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was confirmed by Anjana Luthra, Company Secretary & Compliance Officer.