SJVN Limited, a Navratna CPSE and a joint venture of the Government of India and Government of Himachal Pradesh, has formally announced key changes in its senior management effective 27th February 2026. The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular dated 11 November 2024, ensuring transparency and adherence to corporate governance norms.

The company has reported the superannuation of two senior executives:

• Shri Rajeev Kumar – Retired on February 27, 2026

• Shri Chandra Shekhar Yadav – Retired on February 27, 2026

Both retirements took effect from the close of business hours on the mentioned date. This announcement was submitted to both the National Stock Exchange of India (NSE) and BSE Limited, with SJVN’s NSE symbol listed as SJVN-EQ and BSE Scrip Code 533206, ensuring timely disclosure to the stock exchanges and the investing public.

The retirement of these senior officials marks a significant transition in the company’s management team. Shri Rajeev Kumar and Shri Chandra Shekhar Yadav have contributed to the organization’s strategic growth, operational excellence, and long-term project execution in the power and energy sector. Their tenure included oversight of critical projects, operational efficiency, and management of strategic initiatives aligned with SJVN’s mandate as a Navratna Central Public Sector Enterprise.

In accordance with SEBI (LODR) requirements, SJVN Limited has formally communicated these changes to maintain regulatory compliance and transparency for investors and stakeholders. The submission reflects the company’s commitment to proactive disclosure of management changes, ensuring all relevant parties are informed about key transitions in its leadership.

The announcement comes at a time when public sector undertakings are increasingly emphasizing structured succession planning and robust corporate governance practices. By reporting these superannuations promptly, SJVN Limited continues to demonstrate accountability and transparency, supporting investor confidence and alignment with SEBI disclosure norms.

About SJVN Limited:

SJVN Limited, headquartered at the SJVN Corporate Office Complex, Shanan, Shimla, Himachal Pradesh, is a leading power generation company and a joint venture between the Government of India and the Government of Himachal Pradesh. Recognized as a Navratna CPSE, SJVN focuses on hydroelectric power projects, renewable energy initiatives, and sustainable development in the energy sector.

The company operates under strict regulatory frameworks and adheres to SEBI (LODR) regulations for listed entities, ensuring transparent communication of management and operational decisions to its stakeholders.

Implications of Senior Management Changes:

• The superannuation of senior executives allows for strategic leadership transitions and opportunities to strengthen the management team.

• Timely disclosure to NSE and BSE reflects adherence to SEBI regulatory compliance and corporate governance standards.

• Investors and stakeholders are kept informed about key personnel changes, helping maintain confidence in the company’s management stability and long-term operational strategy.

Conclusion:

The retirement of Shri Rajeev Kumar and Shri Chandra Shekhar Yadav from senior management positions effective 27th February 2026 signifies an important organizational change for SJVN Limited. The company’s adherence to SEBI regulations and proactive reporting to NSE and BSE ensures full transparency, aligning with its reputation as a well-governed, Navratna CPSE. Moving forward, SJVN Limited is expected to continue its strategic focus on renewable energy, hydroelectric projects, and sustainable growth while ensuring smooth leadership transitions and operational excellence.

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