Shri Taori will continue as Director (Finance); Venkata Subrahamanayam Vallurie ceases to be CFO
Gurugram : Power Grid Corporation of India Limited (POWERGRID) has appointed Shri Amol Babulal Taori as the company’s Chief Financial Officer (CFO) with effect from August 20, 2026.
The decision was taken by the Board of Directors at its meeting held on Thursday. Along with taking charge as CFO, Shri Taori will continue to serve as Director (Finance) of POWERGRID.
Change in CFO Position
Following the appointment of Shri Amol Babulal Taori, Shri Venkata Subrahamanayam Vallurie, Chief General Manager (Finance & Accounts), has ceased to hold the position of Chief Financial Officer of POWERGRID.
The change is effective from August 20, 2026.
Amol Taori Continues as Director (Finance)
Shri Amol Babulal Taori had assumed charge as Director (Finance) of POWERGRID on August 18, 2026, following an order issued by the Ministry of Power.
Two days later, the POWERGRID Board formalised his appointment as Chief Financial Officer, giving him responsibility for both the Director (Finance) and CFO roles.
Professional Background
Shri Taori is a Chartered Accountant with nearly three decades of professional experience in areas including:
- Finance
- Treasury management
- International trade
- Financial operations
- Corporate management
Before joining POWERGRID, he served as Executive Director (International Trade) at Hindustan Petroleum Corporation Limited (HPCL).
His extensive experience in finance and international business is expected to support POWERGRID’s financial management and strategic decision-making as the company continues to expand its power transmission and related operations.
Board Meeting Details
The POWERGRID Board meeting was held on August 20, 2026.
The meeting commenced at 1:00 PM and concluded at 1:20 PM.
Key Takeaway
With the latest appointment, Amol Babulal Taori will serve as both Director (Finance) and Chief Financial Officer of POWERGRID. His appointment comes shortly after taking charge as Director (Finance) and marks a change in the company’s senior financial leadership.
The company has disclosed the appointment and change in CFO position in accordance with applicable regulatory requirements.
