POWERGRID has announced the cessation of Shri Vibhay Kumar as its Executive Director (ED) effective August 31, 2026. This change in senior management personnel is due to Mr. Kumar attaining the age of superannuation. The company has formally disclosed this update in compliance with SEBI regulations, signifying a transition within its leadership structure one level below the Board of Directors.
Leadership Transition at POWERGRID
POWERGRID Corporation of India Limited has formally announced a change within its senior management team. Shri Vibhay Kumar, who held the position of Executive Director (ED), has ceased to be a part of the company’s senior management personnel, effective August 31, 2026. This transition is a direct result of Mr. Kumar reaching the age of superannuation.
Regulatory Disclosure
The company has made this disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The cessation of Mr. Kumar’s role as ED signifies a shift in the leadership structure, positioning him as ‘Senior Management Personnel – One level below the Board of Directors’ at the time of his retirement from the role.
Source: BSE
