JSW Energy Limited has announced the appointment of Mr. Sanjay Sagar as an Additional Director (Non-Executive, Non-Independent) to its Board of Directors. This appointment, effective from August 8, 2026, is subject to shareholder approval. Mr. Sagar brings over four decades of extensive experience in the power, mining, and infrastructure sectors, with a proven track record in leadership roles.
Board Expansion at JSW Energy
JSW Energy Limited has approved the appointment of Mr. Sanjay Sagar as an Additional Director on its Board. This decision, made at a recent Board meeting and based on the recommendation of the Compensation and Nomination & Remuneration Committee, is effective from August 8, 2026. The appointment is contingent upon the subsequent approval of the company’s shareholders.
Mr. Sagar’s Extensive Expertise
With a distinguished career spanning over four decades, Mr. Sanjay Sagar is a seasoned business leader. His expertise lies in techno-commercial aspects, with a demonstrated history of leadership at Board and CEO levels. His experience encompasses crucial sectors such as power, mining, infrastructure, and defence. He has a strong background in corporate strategy, P&L management, mergers & acquisitions, business development, investor relations, corporate affairs, regulatory and government engagement, and tariff and legal matters. He has also been instrumental in the execution of large-scale infrastructure projects, particularly in the operational aspects of thermal power plants.
Current and Past Roles
Currently, Mr. Sagar serves on the boards of GE Vernova T&D India Limited, JSW Sarbloh Motors Private Limited, and JSW Gecko Motors Private Limited. Previously, he held significant leadership positions, including Joint Managing Director & CEO of JSW Energy itself, and Managing Director of Jindal Power Limited and Barmer Lignite Mining Company Limited. His leadership has been recognized for successfully executing major power and mining projects and steering regulatory and corporate affairs for prominent business groups.
Director Independence and Compliance
The company has confirmed that Mr. Sagar is not debarred from holding the office of Director by any SEBI Order or similar authority. All necessary details pertaining to this appointment, as per regulatory requirements, are provided in Annexure A.
Board Meeting Details
The Board meeting where this appointment was discussed and approved commenced at 3:00 p.m. and concluded at 4:10 p.m. on the date of the announcement.
Source: BSE