
Management Change20 Aug 2026, 06:10 pm
Torrent Power Appoints New CFO, Accepts CFO Resignation
AI Summary
Torrent Power Limited announced a change in its Chief Financial Officer (CFO) role during its Board Meeting on August 20, 2026. Saurabh Mashruwala resigned from his position as CFO and Whole Time Key Managerial Personnel due to planned retirement, effective August 20, 2026. The company has appointed Vikas Poddar as the new CFO and Whole Time Key Managerial Personnel, effective August 21, 2026. Poddar brings over 27 years of experience, including a previous role as CFO at Indus Towers. Both individuals will also transition their roles related to disclosures to stock exchanges.
Key Highlights
- Saurabh Mashruwala resigns as CFO due to planned retirement.
- Vikas Poddar appointed as new CFO effective August 21, 2026.
- Poddar has over 27 years of finance leadership experience.
- Both individuals will handle stock exchange disclosures.
- Board meeting concluded within 18 minutes.
Price Impact
More from TORNTPOWER