Board Meeting12 May 2026, 06:11 pm
Torrent Power Re-appoints Radhika Haribhakti & Ketan Dalal as Directors
AI Summary
Torrent Power Ltd's board re-appointed Radhika Haribhakti and Ketan Dalal as Non-Executive Independent Directors for second and final terms of 5 years each, subject to member approval. The board also approved audited financial results for the year ended March 31, 2026, recommended a final dividend of ₹ 5 per share, and approved raising funds via Non-Convertible Debentures up to ₹ 10,000 Crore.
Key Highlights
- Radhika Haribhakti re-appointed as Non-Executive Independent Director from August 7, 2026, to August 6, 2031.
- Ketan Dalal re-appointed as Non-Executive Independent Director from May 11, 2027, to May 10, 2032.
- Final dividend of ₹ 5 per equity share recommended, in addition to an interim dividend of ₹ 15.
- Approved raising funds up to ₹ 10,000 Crore via Non-Convertible Debentures.
- Audited financial results for the year ended March 31, 2026, approved with unmodified auditor's opinion.
Price Impact
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