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Power Grid Corporation of India Limited ( (IN:POWERGRID) ) has provided an update.
Power Grid Corporation of India Limited has announced a leadership change following a Board meeting held on 1 April 2026, acting on an order from the Ministry of Power. The Board has approved the appointment of Shri Burra Vamsi Rama Mohan, previously Director (Projects), as Chairman and Managing Director with effect from 1 April 2026.
His term will run from the date he assumes charge until his superannuation on 31 July 2030, or until further orders, whichever is earlier. The company clarified that he is not related to any existing directors or key managerial personnel and is not debarred by any securities regulator, underscoring regulatory compliance and continuity in top management for the transmission major.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited is a state-owned electric utility that operates India’s national power transmission network. The company is responsible for planning, implementing, and maintaining high-voltage transmission systems, playing a central role in the reliable delivery of electricity across the country and supporting the broader power sector infrastructure.
Average Trading Volume: 662,659
Technical Sentiment Signal: Strong Buy
Current Market Cap: 2754.8B INR
For a thorough assessment of POWERGRID stock, go to TipRanks’ Stock Analysis page.