Power Grid Corporation of India Limited (POWERGRID) has announced that the tenure of two Non-Official Independent Directors, Shri Shiv Tapasya Paswan and Shri Rohit Vaswani, concluded on April 15, 2026. Following the completion of their term, both individuals have officially ceased to be members of the company’s Board of Directors. This transition follows the expiration of their respective appointment orders issued by the Ministry of Power.
Board Composition Update
POWERGRID has confirmed the departure of two key members of its leadership team. Shri Shiv Tapasya Paswan and Shri Rohit Vaswani completed their respective tenures as Non-Official (Independent) Directors on the Board on April 15, 2026. Their exit is in accordance with the formal appointment orders previously issued by the Ministry of Power on April 16, 2025.
Leadership Transition
With the conclusion of their one-year terms, both directors have formally stepped down from their roles effective from the date of completion. The company acknowledged the end of their service through a formal disclosure, marking a routine change in the composition of the Board. This administrative update ensures continued adherence to the governance standards required for the effective functioning of the Board of Directors at POWERGRID.
Source: BSE