Government Nominee Director change: Anupam Kumar appointed, Abhay Bakre ceases
Ministry of Power order dated 3rd November, 2026 brings a board change at the company.
By ScoutQuest · · 1 min read
- Director Appointed
- Shri Anupam Kumar, Joint Secretary, MNRE, appointed Government Nominee Director with immediate effect
- Effective Date
- 3rd November, 2026
- Director Ceased
- Shri Abhay Bakre, Mission Director, National Green Hydrogen Mission, has ceased to be Government Nominee Director w.e.f. 3rd November, 2026
What the update says
The company has informed the exchanges that the Ministry of Power, vide its Order dated 3rd November, 2026, has conveyed the appointment of Shri Anupam Kumar as Government Nominee Director on its board with immediate effect.
Shri Anupam Kumar is Joint Secretary, Ministry of New and Renewable Energy (MNRE).
- His tenure runs till the date of superannuation, or till any other appointment made, or till further orders, whichever is earlier.
- The company states it is taking necessary action to complete the statutory formalities for this appointment.
- The requisite details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular dated 30th January, 2026, will be informed in due course.
Cessation
The same Order states that Shri Abhay Bakre, Mission Director, National Green Hydrogen Mission, MNRE, has ceased to be Government Nominee Director on the board w.e.f. 3rd November, 2026.
What this means for a retail investor
- A Government Nominee Director is a board seat held by a nominee of the government, which is the majority shareholder in this company. The appointment and cessation flow from a Ministry of Power order, not from a company-level decision.
- This is a change in board composition, announced along with the reason for it. The update sets out who is appointed, in what capacity, from which ministry, and for what tenure, and who has ceased to be a director and from which date.
- No financial terms, payment, or commercial arrangement is attached to this disclosure.
Tone
This is a routine administrative update on board composition. It does not, by itself, change the company's operations or finances.
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