Power Grid Corporation of India Anupam Kumar as Govt. appointed
Power Grid Corporation of India (BSE: POWERGRID) said Anupam Kumar as Govt. has been appointed; and Abhay Bakre as Govt. has ceased. The company is valued at about ₹2.41 lakh crore.
What happened
Power Grid Corporation of India (BSE: POWERGRID) informed the stock exchanges on 3 November 2026 at 09:45 PM that Anupam Kumar as Govt. has been appointed; and Abhay Bakre as Govt. has ceased.
From the filing: "Appointment of Shri Anupam Kumar as Govt."
Company snapshot
Power Grid Corporation of India is a large-cap company in the Power sector, with a market value of about ₹2.41 lakh crore.
The stock last traded at ₹259.6, against a 52-week range of ₹242.3–₹325 (20.1% below the high).
Before this filing the shares had moved +2.8% over the month and −6.7% over three months. Average daily turnover over the last 20 sessions was about ₹241 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
BCEIE's records show 12 or more previous management change filings from the company 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 (10 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, 4,237 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% 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% |
| 20 Aug 2026 | Management change | +3.4% | +0.5% |
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):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.