SJVN Limited has announced a key leadership appointment with the naming of Shri Parthajit De as Chief Financial Officer (Key Managerial Personnel), effective April 10, 2026. The appointment was approved by the company's Board of Directors during their meeting held on the same date.

Appointment Details

The Board meeting, which commenced at 11:45 HRS and concluded at 14:25 HRS, formalized De's appointment in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Professional Background

Shri Parthajit De brings substantial experience to his new role as CFO of the Navratna company. He currently serves as Director (Finance) at SJVN Limited and has an extensive background in the power sector through his previous tenure at NHPC Limited.

Career at NHPC Limited

De began his career at NHPC as Trainee Officer (Finance) in November 1998, accumulating more than 27 years of experience in the organization. His responsibilities at NHPC included:

• In-charge of Corporate Accounts & Policy Section
• Corporate Tax Cell management
• Employment Benefit Trusts oversight
• Nominee Director on the Board of Loktak Downstream Hydroelectric Corporation Ltd.

Qualifications and Expertise

De holds impressive professional credentials that position him well for the CFO role:

Project and Corporate Experience

Throughout his career spanning more than 27 years, De has gained extensive expertise across core finance domains including Corporate Accounts, Taxation, Trusts and Contracts. His experience encompasses both project sites and corporate office roles:

Project Site Experience:

• Rangit Project, Sikkim
• Teesta Low Dam Projects, West Bengal
• Siang Basin Projects, Arunachal Pradesh
• Rural Roads Project, Bihar

Corporate Office Achievements:

• Headed the Committee for first-time adoption of Ind AS in 2016-17
• Led Corporate Accounts & Policy during nine consecutive years of NIL Comments from C&AG (2016-17 to date)
• Secured Silver Shield for Excellence in Financial Reporting in 2019-20
• Achieved Gold Shield in 2020-21 from Institute of Chartered Accountants of India
• Won Gold Medal for Best Presented Annual Report from South Asian Federation of Accountants in 2020-21

Strategic Value Addition

De's appointment comes with significant expertise in critical areas essential for power sector operations. His deep understanding encompasses Indian Accounting Standards, Taxation, Tariff Regulations and Corporate Governance, which are crucial for planning, development and operation of power projects. He was instrumental in the revision and updation of Finance Manuals of NHPC in 2022 and has created value through his in-depth knowledge of Tariff Regulations and Accounting Standards.

As a veteran finance professional, De is positioned to implement processes and systems that reduce risk, ensure business growth, optimize resource utilization and promote sustainable practices, integrity, compliance and transparency at SJVN Limited.

SJVN Limited has submitted its quarterly compliance certificate to the National Stock Exchange and BSE Limited for the quarter ended March 31, 2026. The submission fulfills the company's obligations under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The certificate was issued by MAS Services Limited, which serves as SJVN's Registrar and Share Transfer Agent. Company Secretary Soumendra Das signed and submitted the compliance documentation on April 07, 2026, ensuring timely adherence to regulatory requirements.

Dematerialization Process Confirmation

MAS Services Limited confirmed that all securities received from Depository Participants for dematerialization during the period from January 01, 2026 to March 31, 2026 were processed within the stipulated regulatory timeframe. The confirmation covers several key compliance areas:

Process Verification Details

The Registrar and Share Transfer Agent confirmed that security certificates received for dematerialization were properly mutilated and cancelled after due verification. The names of the Depositories were substituted in the register of members as registered owners within the required 15-day period following receipt of security certificates from participants.

Documentation and Record Keeping

MAS Services Limited verified that updates were communicated to the Depository and every Stock Exchange where SJVN securities are listed within the mandated 15-day timeline. The Register of Members was also updated accordingly to reflect these changes, ensuring comprehensive record maintenance.

Corporate Information

SJVN Limited operates as a joint venture between the Government of India and the Government of Himachal Pradesh, holding Navratna CPSE status. The company maintains its corporate identification number as L40101HP1988GOI008409 and trades on stock exchanges under the symbol SJVN-EQ with scrip code 533206.