Power Finance Corporation Management Change
Power Finance Corporation announced the superannuation of Shri Rajesh Kumar Shahi. He retired from his position as Executive Director (Projects) effective September 30, 2026.
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Power Finance Corporation announced the superannuation of Shri Rajesh Kumar Shahi. He retired from his position as Executive Director (Projects) effective September 30, 2026.
Shri Pankaj Gupta ceased as PFC's Non-Executive Independent Director on September 22, 2026, upon completing his three-month tenure. No successor was named.
Power Finance Corporation appointed Shri V. Packirisamy as Director (Commercial) effective June 2, 2026. He brings over 33 years of experience in power sector financing and reforms.
Power Finance Corporation announced the retirement of Executive Director Shri G. Jawahar effective May 31, 2026. This leadership change follows his attainment of superannuation age.
Shri Rajiv Ranjan Jha ceased to be Director (Projects) at Power Finance Corporation Ltd effective May 1, 2026, upon attaining the age of superannuation. The retirement follows his original appointment term set by the Ministry of Power.
Power Finance Corporation Limited (PFC) announced that Mr. Rajiv Ranjan Jha will retire as Executive Director effective May 1, 2026. The cessation is due to superannuation. This is a routine senior management departure as part of the company's retirement cycle.
Power Finance Corporation Limited announced that Shri Rajiv Ranjan Jha will cease to be Director (Projects) effective May 1, 2026, due to superannuation. He has served on the board since October 2021.
Power Finance Corporation Limited has appointed Shri Rajesh Kumar Agarwal as Chief Financial Officer for a five-year term effective April 23, 2026. Agarwal, previously Executive Director (Finance), brings 31 years of experience in power and finance sectors. The appointment follows a board meeting held on April 30, 2026.
Power Finance Corporation Ltd has appointed Shri Rajesh Kumar Agarwal as Director (Finance) and Chief Financial Officer, effective April 23, 2026. The appointment was confirmed by the Board of Directors in their meeting on April 30, 2026, following orders from the Ministry of Power.
Power Finance Corporation Ltd has appointed Shri Rajesh Kumar Agarwal as Director (Finance) for a five-year term starting April 23, 2026. Agarwal, previously Executive Director (Finance) at PFC, brings over 31 years of experience in the power and financial sectors to the Board.
Power Finance Corporation Ltd announced the cessation of Smt. Usha Sajeev Nair, Shri Prasanna Tantri, and Shri Naresh Dhanrajbhai Kella as Non-Official Independent Directors effective April 17, 2026. Their departures follow the completion of their one-year tenures as per Ministry of Power orders.
Power Finance Corporation Ltd provided a follow-up intimation regarding the resignation of Independent Director Shri Bhaskar Bhattacharya. The company confirmed that, as per his declaration, he held no other directorships in listed entities at the time of his cessation from the board.