Jaiprakash Power Ventures Limited has announced the completion of Mr. Sudhir Mital’s second term as an Independent Director. His tenure concluded effective from the close of business on November 6, 2026. Consequently, Mr. Mital has ceased to be an Independent Director and a Member of the Company’s Board. This change reflects the normal course of directorships as per company regulations.
Board Membership Change
Jaiprakash Power Ventures Limited has formally communicated the conclusion of Mr. Sudhir Mital’s second term as an Independent Director. This cessation is effective from the close of business on November 6, 2026. As a result, Mr. Mital is no longer an Independent Director of the Company and has also exited his role as a Member of the Board.
Director’s Tenure Conclusion
The company’s disclosure highlights that Mr. Sudhir Mital (DIN: 08314675) has fulfilled his maximum permissible tenure as an Independent Director. His second term has now ended, as per the established norms and regulations governing directorships in listed entities. Further details regarding this transition are provided in Annexure “A” of the announcement.
Source: BSE