Power Grid Appoints New Company Secretary & CFO, Approves ₹485 Cr SCADA Upgrade
POWERGRID approved a ₹485.04 Crore SCADA system upgrade and will avail JPY 80 billion in debt. Smt. Anjana Luthra was appointed Company Secretary & Compliance Officer effective June 10, 2026. Shri Venkata S V was appointed Chief Financial Officer effective July 01, 2026.
The approved SCADA system upgrade and debt financing are significant investments and financial activities. The appointment of key personnel like the CFO and Company Secretary also has a medium-term impact on the company's operations and governance.
The announcement details project approvals and management changes, which are routine corporate actions. While the SCADA upgrade and debt financing are significant, they are balanced by the management appointments, resulting in a neutral sentiment.
Power Grid Corporation of India Limited (POWERGRID) announced key management changes and project approvals following a Board Meeting held on June 10, 2026.
The Board approved the upgradation of SCADA and Associated Systems of NTAMC/RTAMC at an estimated cost of ₹485.04 Crore. Additionally, the company will avail an Unsecured Term Loan Facility of Japanese Yen (JPY) 80 billion from JBIC and Participating Financial Institutions.
In terms of appointments, Smt. Anjana Luthra has been appointed as the Company Secretary & Compliance Officer with immediate effect from June 10, 2026. She is a Fellow Member of ICSI with over 25 years of experience in corporate secretarial, legal, finance, and compliance functions. Shri Venkata Subrahamanayam Vallurie has been appointed as the Chief Financial Officer (CFO) with effect from July 01, 2026. He is a qualified Cost Accountant with over 35 years of experience, including more than 32 years with POWERGRID, specializing in finance functions and system implementation.
The Board Meeting commenced at 5:15 p.m. (IST) and concluded at 6:20 p.m. (IST).
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Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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