SJVN Limited has formally announced the cessation of Dr. Shashikant Jagannath Wani from his position as Independent Director. The change was effective as of March 12, 2026. The company confirmed that the departure was due to the completion of his tenure on the Board, in compliance with standard corporate governance disclosures. This information was submitted to the stock exchanges on the same date.
Board Update: Independent Director Departure
SJVN Limited has issued a formal notification regarding a change in its Board of Directors. The announcement confirms the cessation of Dr. Shashikant Jagannath Wani from his role as an Independent Director.
Reason and Effective Date
The reason cited for the change is the completion of his tenure on the Board. This cessation took effect on March 12, 2026.
Corporate Compliance
The company has ensured this procedural update, detailing the director’s change, is duly recorded and communicated to the relevant regulatory authorities as required under applicable corporate regulations.
Source: BSE