Power Grid Corporation of India Limited (POWERGRID) has officially announced that the tenure of two Non-Official Independent Directors, Shri Shiv Tapasya Paswan and Shri Rohit Vaswani, concluded on April 15, 2026. Both directors have stepped down from the company’s Board following the completion of their appointed terms, in accordance with the directives previously issued by the Ministry of Power.
Board Composition Update
POWERGRID has confirmed a change in its board leadership with the departure of two key members. Shri Shiv Tapasya Paswan and Shri Rohit Vaswani, who served as Non-Official Directors (Independent Directors), ceased to hold their positions on the Board effective April 15, 2026. Their departure marks the official end of their respective tenures as stipulated by the Ministry of Power.
Context of the Departure
The transition follows the conclusion of the appointment terms granted to the directors. Having completed their mandatory tenure, both individuals have now exited their roles, leaving the Board of POWERGRID. This update ensures transparency regarding the company’s current governance structure and leadership composition as of April 16, 2026.
Source: BSE
