Power Grid Corporation of India Limited (POWERGRID) has officially announced the appointment of Shri Amol Babulal Taori as Director (Finance). The appointment, effective August 18, 2026, follows an order from the Ministry of Power and brings nearly 30 years of rich financial and treasury experience to the company. Shri Taori is a Chartered Accountant with a significant background in managing corporate finance at Hindustan Petroleum Corporation Limited (HPCL).
Key Leadership Appointment at POWERGRID
Power Grid Corporation of India Limited (POWERGRID) has announced a significant addition to its leadership team with the appointment of Shri Amol Babulal Taori (DIN:11890590) as Director (Finance). This appointment, formalized on August 18, 2026, underscores the company’s commitment to robust financial governance and strategic financial management.
Background and Experience
Shri Amol Babulal Taori brings a wealth of experience, holding nearly 30 years of expertise across various financial domains including Finance, Treasury, International Trade, and Marketing. Prior to joining POWERGRID, he served as Executive Director (In-charge) International Trade at Hindustan Petroleum Corporation Limited (HPCL). In his role at HPCL, he was instrumental in managing crude procurement, product imports and exports, and risk management strategies. He also spearheaded HPCL’s maiden USD bond issue and played a key role in conceptualizing initiatives to reduce borrowing costs.
Formal Appointment Details
The appointment is effective from August 18, 2026, and is in line with an order from the Ministry of Power. Shri Taori will serve a term of 05 years from the date of assumption of charge or until further orders. With his extensive background, Shri Taori is expected to contribute significantly to POWERGRID’s financial operations and strategic growth.
Governance and Compliance
POWERGRID has also confirmed that Shri Amol Babulal Taori is not related to the Directors or Key Managerial Personnel of the Company. He is also not debarred from holding any office by virtue of any SEBI Order or any other authority, ensuring compliance with regulatory requirements.
Board Meeting Outcome
The Board of Directors of the Company approved this appointment during their meeting held on August 18, 2026. The meeting commenced at 3:05 P.M. (IST) and concluded at 3:15 P.M. (IST). Consequently, Dr. Yatindra Dwivedi, Director (Personnel), has relinquished his additional charge of the post of Director (Finance).
Source: BSE
