StockWatch
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Power Generation
Management Change30 Jun 2026, 09:10 pm

NLC India CMD Prasanna Kumar Motupalli to Superannuate; Sanoj Kumar Jha Gets Additional Charge

AI Summary

NLC India Ltd announced that Shri Prasanna Kumar Motupalli, Chairman and Managing Director, will cease to hold office upon superannuation on June 30, 2026. The Ministry of Coal has appointed Shri Sanoj Kumar Jha, Additional Secretary, MoC and Nominee Director, NLC India Limited, to hold the additional charge of CMD for an initial period of three months from July 1, 2026, or until a regular incumbent is appointed. This change is in compliance with SEBI (LODR) Regulations, 2015.

Key Highlights

  • CMD Prasanna Kumar Motupalli to retire on superannuation.
  • Additional charge of CMD assigned to Sanoj Kumar Jha.
  • Interim charge for Sanoj Kumar Jha for three months.
  • Management change complies with SEBI LODR regulations.