SJVN has formally notified stock exchanges about its board meeting scheduled for February 11, 2026, where directors will consider fundraising through non-convertible debentures. The company issued this communication in compliance with SEBI regulations, marking a significant step in its capital mobilization strategy.

Regulatory Compliance and Communication

The company has informed both NSE and BSE through an official communication dated February 02, 2026, reference number SJVN/CS/93/2026. This notification follows SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulations 29 and 50, demonstrating adherence to proper disclosure norms.

Board Meeting Agenda

The board of directors will convene on Wednesday, February 11, 2026, to deliberate on the proposal for raising funds through non-convertible debentures. This meeting represents a continuation of the company's earlier board communication dated January 30, 2026, indicating ongoing discussions about the fundraising initiative.

Stock Exchange Listings

SJVN trades on major Indian stock exchanges with specific identifiers for investor reference. The company maintains active listings on both primary exchanges, ensuring broad market accessibility for its securities.

Corporate Governance Framework

The formal notification process demonstrates SJVN's commitment to transparent corporate governance practices. By providing advance notice to stock exchanges and investors, the company ensures compliance with regulatory requirements while maintaining market transparency regarding significant financial decisions.

SJVN Limited has announced the extension of additional charge of Chairman & Managing Director to Shri Bhupender Gupta, as communicated to stock exchanges under Regulation 30 of SEBI Listing Regulations. The Ministry of Power issued the order on January 30, 2026, extending his tenure in the additional capacity.

Leadership Extension Details

The key parameters of the leadership extension are outlined below:

Shri Bhupender Gupta currently serves as Chairman & Managing Director of NHPC Limited, India's premier hydropower company and a Navratna Enterprise, a position he assumed on September 4, 2025. The company has confirmed that he is not related to any director on the Board and is not debarred from holding directorial positions.

Professional Background and Experience

Shri Bhupender Gupta brings extensive experience to the role, with over 34 years in the industry including 31 years in Power CPSUs. His educational qualifications include a bachelor's degree in electrical engineering and an MBA in Operations Management.

Career Progression

His professional journey encompasses diverse roles across the power sector:

• Early Career (1991-1995): Started with ACC Ltd before joining SJVN in 1995
• SJVN Tenure (1995-2007): Served for 12 years in various positions, responsible for planning, erection, commissioning, and O&M of electromechanical equipment for the 1500 MW Nathpa Jhakri Hydro Power Plant
• International Assignment: Served on deputation in Bhutan with the 1020 MW Tala Hydroelectric Power Project for approximately three years (2002-2005)
• REC Limited (2007-2020): Joined as project financing specialist for hydro and thermal projects, later serving as Additional CEO in REC subsidiaries

Recent Leadership Roles

Shri Gupta's recent executive positions demonstrate his expertise in complex power projects:

During his tenure at THDCIL, he provided strategic leadership in addressing commissioning challenges and Covid-19 impacts. His guidance enabled successful commissioning of Unit-1 and Unit-2 (250 MW each) of Tehri PSP, with balance units scheduled for commissioning.

Strategic Vision

Shri Gupta's future vision focuses on addressing India's growing power demand through non-fossil fuel-based resources, aiming to enhance energy security. His strategic approach emphasizes:

• Meeting sustainable energy targets through Artificial Intelligence integration
• Adoption of emerging technologies including EV grid integration
• Focus on cybersecurity and digital protection
• Development of green hydrogen and bioenergy solutions
• Implementation of advanced energy storage systems

The extension ensures continuity in SJVN's leadership during the transition period while the company seeks a full-time Chairman & Managing Director.