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Management change

Power Grid Corporation of India Director Akhilesh Pathak appointed

Power Grid Corporation of India (POWERGRID) said Akhilesh Pathak, Director, has been appointed. The company is valued at about ₹2.42 lakh crore.

BCEIE News Desk · Published 30 Sept 2026, 08:15 pm IST · Filing received 30 Sept 2026, 07:58 pm IST

What happened

In a filing with the BSE on 30 September 2026 at 07:58 PM, Power Grid Corporation of India (POWERGRID) said that Akhilesh Pathak, Director, has been appointed.

From the filing: "Outcome of the Board Meeting for appointment of Shri Akhilesh Pathak, (DIN: 10830950) as Director (Projects) on the Board of POWERGRID"

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 ₹260.5, against a 52-week range of ₹250–₹325 (19.8% below the high).

Before this filing the shares had moved −1.6% over the month and −8.9% over three months. Average daily turnover over the last 20 sessions was about ₹231 crore.

Promoters held 51.34% at the end of Q1 FY27. Foreign institutions owned 24.33% and domestic institutions 20.70%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2611,1963,630.63.9
Q2 FY2611,4763,566.13.84
Q3 FY2612,3954,1854.5
Q4 FY2611,6664,546.34.89
Q1 FY2711,4973,598.43.87

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 0.4% on average the next trading day and was down 1.5% on average after five days (10 filings with price data).

Across 56 similar disclosures by other Power companies, shares moved −1.1% on average the next day and −2.6% over five days; 39% of them rose the next day.

Market-wide, 3,837 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.

Earlier filings of this kind
DateFilingNext day5 days
8 Sept 2026Change in Auditors of the company.+2.3%−1.1%
31 Aug 2026Management change+1.2%+0.8%
20 Aug 2026Management change+3.4%+0.5%
18 Aug 2026Management change−1.2%−1.0%
18 Aug 2026Board Meeting Outcome for Outcome Of The Board Meeting - Appointment…−1.2%−1.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.