Senior management change at Power Grid Corporation of India follows Vibhay Kumar’s retirement on August 31, 2026
NEW DELHI : Power Grid Corporation of India Limited (POWERGRID) has announced a change in its senior management following the superannuation of Executive Director Vibhay Kumar on August 31, 2026.
According to the company’s regulatory filing, Vibhay Kumar ceased to hold the position of Executive Director (ED) at POWERGRID after attaining the prescribed age of superannuation.
Change Effective August 31
The cessation of Vibhay Kumar’s position took effect on August 31, 2026, following his retirement upon reaching the applicable age of superannuation.
POWERGRID disclosed the development as part of its regulatory reporting requirements for changes involving senior management personnel.
The company classified the Executive Director position as Senior Management Personnel (SMP), one level below the Board of Directors.
Disclosure Under SEBI Regulations
POWERGRID reported the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Such disclosures are required to ensure transparency regarding material developments and changes in the management structure of listed companies.
The filing recorded the cessation of Vibhay Kumar from the position of Executive Director following his superannuation.
Vibhay Kumar’s Retirement
Vibhay Kumar served as an Executive Director at POWERGRID before completing his tenure upon reaching the age of retirement.
His superannuation marks a transition in the senior management structure of the country’s largest power transmission utility.
POWERGRID has not indicated in the disclosed information any separate appointment or successor arrangement for the position.
Importance of Executive Director-Level Leadership
Executive Directors form an important part of POWERGRID’s senior management framework and are responsible for overseeing key areas of the company’s operations and business functions.
As India’s central transmission utility, POWERGRID plays a major role in developing and operating the country’s interstate power transmission network and supporting the reliable transfer of electricity across regions.
Changes at the Executive Director level are therefore closely watched by investors and stakeholders as part of the company’s broader management and organisational structure.
Key Details
| Particular | Details |
|---|---|
| Company | Power Grid Corporation of India Limited (POWERGRID) |
| Executive | Vibhay Kumar |
| Position | Executive Director |
| Reason for cessation | Superannuation |
| Effective date | August 31, 2026 |
| Management level | Senior Management Personnel |
| Regulatory disclosure | Regulation 30, SEBI LODR Regulations, 2015 |
About POWERGRID
Power Grid Corporation of India Limited (POWERGRID) is a central public-sector enterprise under the Ministry of Power, Government of India. The company is primarily engaged in the transmission of electricity and operates a large interstate power transmission network.
The retirement of Vibhay Kumar on August 31, 2026, marks the latest senior-management transition at POWERGRID following the completion of his service tenure on superannuation.
