Power Grid Corporation of India Anupam Kumar appointed
Power Grid Corporation of India (POWERGRID) said Anupam Kumar has been appointed. The company is valued at about ₹2.42 lakh crore.
What happened
Power Grid Corporation of India (POWERGRID) told the exchanges on 6 November 2026 at 10:47 PM that Anupam Kumar has been appointed.
Company snapshot
Power Grid Corporation of India is a large-cap company in the Power sector, with a market value of about ₹2.42 lakh crore.
The stock last traded at ₹259.9, against a 52-week range of ₹242.3–₹325 (20.0% below the high).
Before this filing the shares had moved +2.0% over the month and −7.0% over three months. Average daily turnover over the last 20 sessions was about ₹259 crore.
Promoters held 51.34% at the end of Q2 FY27. Foreign institutions owned 24.03% and domestic institutions 20.91%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 11,476 | 3,566.1 | 3.84 |
| Q3 FY26 | 12,395 | 4,185 | 4.5 |
| Q4 FY26 | 11,666 | 4,546.3 | 4.89 |
| Q1 FY27 | 11,497 | 3,598.4 | 3.87 |
| Q2 FY27 | 11,816 | 3,866.2 | 4.16 |
What history shows
This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.1% on average the next trading day and was down 1.9% on average after five days (9 filings with price data).
Across 63 similar disclosures by other Power companies, shares moved −0.6% on average the next day and −2.4% over five days; 43% of them rose the next day.
Market-wide, 4,314 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Sept 2026 | Change in Senior Management (Cessation) | −1.3% | −4.4% |
| 30 Sept 2026 | Outcome of the Board Meeting for appointment of Shri Akhilesh… | −1.3% | −4.4% |
| 8 Sept 2026 | Change in Auditors of the company. | +2.3% | −1.1% |
| 31 Aug 2026 | Management change | +1.2% | +0.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 6 November 2026: Interim Dividend - Rs 3 Per Share.
In the news
Recent coverage elsewhere (links open the original publisher):
- Russo-Ukrainian war, day 1714: Russia launches one of largest attacks on Ukraine's power grid of war
- Ja-Kyun Koo: “An intelligent DC power grid is the solution to AI power shortages” ... lays out vision for next-generation power distribution market
- Russo-Ukrainian war, day 1707: UN commission finds Russia’s strikes on Ukraine’s power grid are crimes against humanity
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.