Adani Power Limited announced significant changes regarding its Company Secretary and Compliance Officer. Effective March 31, 2026, Mr. Deepak S Pandya will superannuate after a decade of service. He will be succeeded by Mr. Puneet Bansal, effective April 1, 2026. The Board approved these changes on March 17, 2026, based on the Nomination and Remuneration Committee’s recommendation, ensuring a smooth leadership transition for this Key Managerial Personnel role.
Executive Leadership Transition at Adani Power
Adani Power Limited has formally notified the stock exchanges regarding changes in the position of its Company Secretary and Compliance Officer, a designation classified as a Key Managerial Personnel (KMP) and Senior Management Personnel. The decision was finalized by the Board of Directors following a meeting held on March 17, 2026.
Cessation of Current Officer
Mr. Deepak S Pandya, who has served as the Company Secretary and Compliance Officer since August 2015, is set to retire. The cessation of his services will be effective from the closure of business hours on March 31, 2026, following over a decade of dedicated service to the Company.
Appointment of Successor
Mr. Puneet Bansal will assume the role of Company Secretary and Compliance Officer. His appointment will take effect from April 1, 2026. Mr. Bansal joins the role on a Full Time Employment basis.
Profile of Incoming Company Secretary
Mr. Puneet Bansal is described as a seasoned Company Secretary and Legal Professional bringing over three decades of diverse experience in areas including Corporate Governance, Organisational Restructuring, M&A, and Enterprises Risk Management. He joined the Adani Group in 2021 as the Group Head – Governance & Secretarial, overseeing governance functions across various group entities. Prior roles include serving as Company Secretary and/or General Counsel for major firms such as Pidilite Industries, Grasim Industries, KPIT Infosystems, and RP Goenka Group.
Source: BSE
