Cessation of three Independent Directors on completion of second consecutive terms
Tata Power has informed the exchanges that three Independent Directors ceased to hold office at the close of business hours on Tuesday, October 13, 2026.
By ScoutQuest · · 2 min read
- Date of Cessation
- October 13, 2026, at the close of business hours
- Reason for Change
- cessation of Independent Directors upon completion of their second consecutive terms
- Independent Directors Ceased
- Ms. Anjali Bansal, Ms. Vibha Padalkar and Mr. Sanjay Vijay Bhandarkar
Cessation of three Independent Directors on completion of their second consecutive terms — that is the substance of this disclosure to the exchanges.
What the disclosure says
- Ms. Anjali Bansal, Ms. Vibha Padalkar and Mr. Sanjay Vijay Bhandarkar ceased to be Independent Directors of the Company.
- The change took effect at the close of business hours on Tuesday, October 13, 2026.
- The reason recorded in the update is cessation of Independent Directors upon completion of their second consecutive terms.
- The letter is signed for the Company by Vispi S. Patel, Company Secretary.
The reason recorded
The update uses the word "cessation" and links it to the completion of a second consecutive term in office. In simple terms, this is a tenure-completion event reported to the exchanges, rather than a change attributed to resignation, removal or death.
What the Annexure records
- Reason for change: cessation of Independent Directors upon completion of their second consecutive terms.
- Date of cessation: October 13, 2026, at the close of business hours.
- Brief profile: Not Applicable.
- Disclosure of relationships between directors: Not Applicable.
The two "Not Applicable" entries sit in columns that apply when a director is appointed, which is consistent with a cessation disclosure.
How to read this as an investor
- This is a board-composition update. The disclosure carries the names, the reason and the date; there is no revenue, profit, order, capital expenditure or debt figure in it.
- Independent Directors are part of the board's oversight structure, so a change in their composition is a governance item rather than an operational one.
- The update states the reason as completion of the second consecutive term, which is a time-bound end of tenure.
- The same information is shared with both BSE (Scrip Code 500400) and NSE (Symbol: TATAPOWER), so both exchanges have the disclosure.
In one line: a routine, tenure-linked board change at Tata Power, disclosed with the names and the date of cessation.
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More numbers
- Independent Directors whose cessation is disclosedMs. Anjali Bansal, Ms. Vibha Padalkar and Mr. Sanjay Vijay Bhandarkar
- Terms completed by each director before cessationsecond consecutive terms
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