India Power Corporation Limited Approves Reappointment of Independent Director Anil Kumar Jha
India Power Corporation Limited announced that its Board of Directors, during a meeting held on April 16, 2026, approved the reappointment of Mr. Anil Kumar Jha as an Independent Director for a second term. The company also approved issuing a Postal Ballot Notice to seek shareholder approval for this reappointment.The Board approved the re-appointment of Mr. Anil Kumar Jha (DIN: 06645361) for a second term spanning five consecutive years. This term is set to commence on June 11, 2026, and conclude on June 10, 2031.
Mr. Anil Kumar Jha is noted for his distinguished background in mining engineering. He earned his degree with distinction from the Indian School of Mines, Dhanbad (now IIT Dhanbad). His professional experience includes serving as the Chairman of Coal India Ltd. (CIL) until his retirement on January 31, 2020. Prior to his tenure at CIL, Mr. Jha held the position of Chairman and Managing Director of Mahanadi Coalfields Limited (MCL) starting from November 1, 2015. Under his leadership, MCL significantly contributed to CIL’s overall performance, becoming the second-largest coal-producing company among all CIL subsidiaries. At that time, MCL accounted for 25% of CIL's total production and approximately 24% of national coal supplies.
The key details regarding Mr. Jha’s reappointment are summarized below:
| Particulars | Details |
|---|---|
| Reason for Re-appointment | Independent Director for the Second term. |
| Term Duration | Five consecutive years. |
| Term Start Date | June 11, 2026. |
| Term End Date | June 10, 2031. |
| Director Profile | Post-Graduate Mining Engineer from Indian School of Mines, Dhanbad (now IIT Dhanbad). Previously served as Chairman of Coal India Ltd. (CIL) until January 31, 2020, and as Chairman and Managing Director of Mahanadi Coalfields Limited (MCL). |
DPSCLTD Stock Price Movement
Today, DPSC Limited shares edged higher to close at ₹9.45, gaining 2.15% in after-hours trading. The stock saw solid buying interest, supported by a reported volume of 166,453 shares.Source:
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