Power Grid Corporation of India has informed the stock exchanges of the completion of tenure of Smt. Sajal Jha as a Non-Official Director (Independent Director) on its Board, effective 15th May, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and was communicated to both the National Stock Exchange of India Limited and BSE Limited on 16th May, 2026.

Board-Level Change: Completion of Independent Director's Tenure

The tenure of Smt. Sajal Jha (DIN: 09402663) as Non-Official Director (Independent Director) on the Board of POWERGRID was completed on 15th May, 2026, in terms of the Ministry of Power order dated 16th May, 2025. Upon completion of the said tenure, Smt. Sajal Jha ceased to hold the position of Non-Official Director (Independent Director) on the Board of POWERGRID from the said date.

The key details of the board change are summarised below:

Regulatory Compliance

The disclosure was filed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The communication was signed by Satyaprakash Dash, Company Secretary and Compliance Officer of POWERGRID, on 16th May, 2026.

Power Grid Corporation of India has announced the promotion of three Chief General Managers to the position of Executive Director (ED), effective 15th May, 2026. The development was disclosed to the stock exchanges on 16th May, 2026, by Company Secretary & Compliance Officer Satyaprakash Dash, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoted executives — Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta — now hold Senior Management Personnel status, positioned one level below the Board of Directors.

Promotion Details at a Glance

The following table summarises the key details of the three promotions as disclosed under Regulation 30 of SEBI LODR:

Profiles of the Promoted Executives

Shri Jiten Das — Executive Director (CTUIL)

Shri Jiten Das brings more than three decades of experience spanning AC/DC substation maintenance, asset management, project execution, and system operations. He holds a BE degree in Electrical Engineering from Utkal University and an ME from BIT, Mesra. Over the course of his career, he has led major assignments in Patna, Pusauli, Vadodara, Kolkata, and Gurgaon. His areas of expertise include asset reliability, commercial functions, and CTUIL operations. Shri Das has made significant contributions to grid modernization efforts, transmission planning, and the strengthening of national power system reliability.

Shri Rajiv Gandhi — Executive Director (Engineering-Survey)

Shri Rajiv Gandhi has more than three decades of expertise in transmission line engineering, TBCB processes, project monitoring, and survey management. He is a BE (Electrical) graduate and holds a PGDM from MDI. His career has encompassed key assignments at the Corporate Office in Gurgaon, Regional HQ-Lucknow, and Mohanlal Ganj. Shri Gandhi has made notable contributions to transmission line engineering design and competitive bidding frameworks, and continues to strengthen POWERGRID's transmission survey capabilities, project precision, and strategic infrastructure development.

Shri Sanjay Kumar Gupta — COO (IB)

Shri Sanjay Kumar Gupta is an accomplished professional with over 30 years of experience in corporate planning, international business, and AC substation operations. He holds an Electrical Engineering degree along with advanced management qualifications from IIT Delhi, XLRI, and MDI. His career includes postings at the Corporate Planning Department of the Corporate Office in Gurgaon, Seoni sub-station, and Regional HQ-Secunderabad. Shri Gupta has significantly contributed to strategic planning and business development at both domestic and international levels, and continues to drive POWERGRID's international business initiatives, global partnerships, and business expansion.

Regulatory Disclosure

The promotions were formally communicated to the National Stock Exchange of India Limited and BSE Limited on 16th May, 2026, in accordance with Regulation 30 of SEBI LODR read with the SEBI Master Circular dated 30th January, 2026. The disclosure confirms that there are no relationships between the promoted executives and any directors of the company. The term of appointment for all three executives shall be governed by the Service Rules of POWERGRID.