Power Grid Corp: Independent Directors Shiv Tapasya Paswan & Rohit Vaswani Complete Tenure
The tenure of Independent Directors Shri Shiv Tapasya Paswan and Shri Rohit Vaswani at Power Grid Corporation of India Limited has concluded on April 15, 2026. They cease to hold their positions following the completion of their term as per Ministry of Power orders.
The departure of independent directors upon completion of their tenure is a standard corporate governance procedure and is unlikely to have a significant immediate impact on the company's operations or stock performance.
The announcement is a routine disclosure regarding the completion of tenure for independent directors, which does not inherently carry a positive or negative financial implication for the company.
Power Grid Corporation of India Limited (POWERGRID) announced the completion of tenure for its Independent Directors, Shri Shiv Tapasya Paswan (DIN: 09414240) and Shri Rohit Vaswani (DIN: 00658059), on April 15, 2026. This follows the respective orders from the Ministry of Power dated April 16, 2025. Consequently, both directors have ceased to be Non-Official Directors (Independent Directors) on the Board of POWERGRID from the aforementioned date.
This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed the National Stock Exchange of India Limited and BSE Limited about this change in directorship.
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Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.