SJVN Appoints Shri Parhajit De as Chief Financial Officer (Key Managerial Personnel)
SJVN Limited has appointed Shri Parhajit De as its new Chief Financial Officer (Key Managerial Personnel). The appointment was approved by the Board of Directors on April 10, 2026. Shri De brings nearly 30 years of experience in finance, having previously held key roles at NHPC Limited.
The appointment of a Key Managerial Personnel like the CFO is significant for the company's operations and strategic direction, hence considered medium impact.
The appointment of a seasoned finance professional as CFO is generally viewed positively as it strengthens the company's financial leadership and governance.
SJVN Limited announced the appointment of Shri Parhajit De as the Chief Financial Officer (Key Managerial Personnel) of the company. This decision was approved by the Board of Directors at their meeting held on April 10, 2026. The meeting commenced at 11:45 HRS and concluded at 14:25 HRS.
Shri Parhajit De, who is currently the Director (Finance) of SJVN Limited, brings extensive experience to this role. Prior to joining SJVN, he held significant positions at NHPC Limited, overseeing Corporate Accounts & Policy, Corporate Tax, and Employment Benefit Trusts. He also served as a nominee Director on the Board of Loktak Downstream Hydroelectric Corporation Ltd.
He is a Fellow Member of the Institute of Cost Accountants of India (ICMAI) and a Chartered Financial Analyst, with nearly 30 years of post-qualification experience. His career, which began at NHPC in November 1998, spans over 27 years, during which he developed expertise in core finance domains including corporate accounts, taxation, trusts, and contracts. His experience encompasses Indian Accounting Standards, Taxation, Tariff Regulations, and Corporate Governance. He has worked at both project sites and corporate offices, playing key roles in capitalization, setting up financial systems, and the first-time adoption of Ind AS.
His tenure at NHPC was marked by significant achievements, including financial statements receiving NIL comments from the C&AG for nine consecutive years and receiving accolades such as the Silver Shield for Excellence in Financial Reporting and the Gold Medal for Best Presented Annual Report. He has a deep understanding of financial systems and was instrumental in revising and updating NHPC's Finance Manuals. His expertise is expected to be crucial in implementing processes and systems that reduce risk, ensure business growth, optimize resource utilization, and foster sustainable practices, integrity, compliance, and transparency.
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SJVN Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. 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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