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Management change

Tata Power Company Director Sanjay Banga appointed

Tata Power Company (BSE: TATAPOWER) said Sanjay Banga, Director, has been appointed; and Sanjay Banga as has been appointed. The company is valued at about ₹1.15 lakh crore.

BCEIE News Desk · Published 11 Nov 2026, 07:10 pm IST · Filing received 11 Nov 2026, 06:54 pm IST

What happened

Tata Power Company (BSE: TATAPOWER) informed the stock exchanges on 11 November 2026 at 06:54 PM that Sanjay Banga, Director, has been appointed; and Sanjay Banga as has been appointed.

From the filing: "The Board also approved the appointment of Mr."

Company snapshot

Tata Power Company is a large-cap company in the Power sector, with a market value of about ₹1.15 lakh crore.

The stock last traded at ₹360, against a 52-week range of ₹333.2–₹464.9 (22.6% below the high).

Before this filing the shares had moved +5.2% over the month and −5.1% over three months. Average daily turnover over the last 20 sessions was about ₹154 crore.

Promoters held 46.86% at the end of Q1 FY27. Foreign institutions owned 10.03% and domestic institutions 18.43%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2618,0351,059.93.31
Q2 FY2615,545919.42.88
Q3 FY2613,9487722.41
Q4 FY2614,900995.93.12
Q1 FY2719,0511,175.93.68

What history shows

BCEIE's records show 3 previous management change filings from the company since May 2026.

After those filings, the stock fell 0.8% on average the next trading day and was down 5.0% on average after five days (3 filings with price data).

Across 79 similar disclosures by other Power companies, shares moved −0.5% on average the next day and −1.9% over five days; 46% of them rose the next day.

Market-wide, 4,491 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 45% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
13 Oct 2026Cessastion of Independent Directors.+1.4%—
2 Jun 2026Management change−1.8%−5.0%
2 Jun 2026Appointment of Mr Deepak Kapoor as Non- Executive Independent…−1.8%−5.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 11 November 2026: Board meeting — Financial Results/Other business matters.

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.

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