Power Grid Corporation of India 's Board of Directors has approved significant organizational changes with the promotion and appointment of 12 senior officials as Executive Directors, effective January 25, 2026. The board meeting, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 06:35 PM and concluded at 06:50 PM.

Key Leadership Appointments

The appointments encompass senior management personnel across critical business functions, with several promotions from subsidiary company leadership positions. The newly appointed Executive Directors will serve one level below the Board of Directors, strengthening the company's senior management structure.

Technical and Engineering Leadership

Several appointments focus on strengthening technical capabilities across transmission and engineering functions. Abhay Kumar, Executive Director (Engineering-S/s/TL/Civil/CE), brings over three decades of experience in substation engineering and international consultancy, including overseas experience in Dubai.

Abhinav Verma, Executive Director (Rajasthan Projects), oversees critical transmission projects for renewable energy evacuation. His background includes electrical engineering with PGDM from IIM Rohtak, contributing to the country's Sustainability Development Goals.

HVDC and Grid Management Expertise

The appointments include specialists in high-voltage direct current (HVDC) systems and grid management. Vikas Bagadia, Executive Director (CTUIL), possesses 32 years of expertise in HVDC systems and transmission system planning. His leadership has been pivotal in strengthening India's HVDC backbone and improving operational reliability.

Rajesh V, Executive Director (Khavda-Nagpur HVDC Project), brings 30 years of experience in large-scale transmission project execution, particularly focusing on renewable energy evacuation through the Khavda HVDC project.

Regional and Specialized Functions

The appointments span various regional and specialized functions:

• M S Hejib (Executive Director SR-II): Three decades of experience in ERP & IT, substation maintenance, and TBCB project execution
• Harinarayanan Puthan Kalam (Executive Director HR): Over 35 years in human resource management and industrial relations
• Ashok Kumar Naik (Executive Director ER-II): Extensive experience in cross-border transmission projects and consultancy assignments
• Arindam Chakraborty (Executive Director FQA): 33 years of experience in quality assurance and grid management

Terms and Educational Background

All appointments follow POWERGRID's service rules for terms and conditions. The newly appointed Executive Directors hold diverse educational qualifications including electrical engineering degrees from prestigious institutions, with several holding post-graduate management degrees from IIM Rohtak, MDI Gurgaon, and XIM Bhubaneshwar.

The appointments reflect POWERGRID's focus on promoting experienced professionals across critical functions including renewable energy transmission, digital transformation, and grid modernization initiatives. These leadership changes position the company to advance its strategic objectives in India's evolving power sector landscape.

Power Grid Corporation of India has informed stock exchanges about an upcoming Board of Directors meeting scheduled for January 30, 2026. The meeting will focus on reviewing the company's quarterly financial performance and potential dividend distribution to shareholders.

Board Meeting Agenda

The board meeting will address several key items as per SEBI regulations. The primary agenda includes consideration and approval of unaudited financial results for the quarter and nine months ended December 31, 2025, following review by the Audit Committee.

Dividend Consideration

The board will deliberate on declaring the second interim dividend from the company's profits for FY 2025-26. This dividend declaration is subject to board approval and will depend on the company's financial performance and available profits.

Record Date and Shareholder Information

POWERGRID has established February 9, 2026, as the record date for determining shareholder eligibility for the interim dividend payment, if declared by the board.

Trading Window Closure

In compliance with insider trading regulations, POWERGRID has implemented a trading window closure period. The trading window, which closed on December 31, 2025, will remain closed until February 1, 2026. Normal trading activities will resume on February 2, 2026.

The company has communicated this information to both NSE and BSE, along with depositories NSDL and CDSL, and registrar KFin Technologies Limited, ensuring all stakeholders are informed about these important corporate developments.