Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Appointment of Additional Director
Date of Board Meeting / Approval: 8th August 2026
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights: Not Specified
Standalone Results: Not Specified
Consolidated Results: Not Specified
Segment-wise Performance: Not Specified
Corporate Actions:
- Appointment of Mr. Sanjay Sagar (DIN: 00019489) as Additional Director (Non-Executive, Non-Independent)
- Effective from 8th August 2026
- Subject to approval of Shareholders of the Company
Regulatory Disclosures:
- Filing made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference to Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated 30th January 2026
- Mr. Sagar is not debarred from holding office of Director by virtue of any SEBI Order or authority
- No relationships between Directors disclosed
Director Profile - Mr. Sanjay Sagar:
- Distinguished business leader with over four decades of techno-commercial experience
- Accomplished track record in Board and CEO-level leadership across power, mining, infrastructure, and defence sectors
- Expertise spans corporate strategy, P&L management, mergers & acquisitions, business development, investor relations
- Strong background in corporate affairs, regulatory and government engagement, tariff and legal matters
- Experience in execution of large-scale infrastructure projects, specifically in execution and operation of thermal power plants
Current Directorships:
- GE Vernova T&D India Limited
- JSW Sarbloh Motors Private Limited
- JSW Gecko Motors Private Limited
Previous Leadership Positions:
- Joint Managing Director & CEO of JSW Energy Limited
- Managing Director of Jindal Power Limited
- Managing Director of Barmer Lignite Mining Company Limited
Board Meeting Details:
- Commenced at 3:00 p.m.
- Concluded at 4:10 p.m.
Other Significant Information:
- Appointment based on recommendation of Compensation and Nomination & Remuneration Committee
- Mr. Sagar has led successful execution of major power and mining projects
- Has steered regulatory and corporate affairs for leading business groups
- Widely recognized for his leadership