Tata Power Appoints Ms. Nishi Vasudeva as Additional Independent Non-Executive Director

Tata Power Appoints Ms. Nishi Vasudeva as Additional Independent Non-Executive Director​

The Board of Directors of The Tata Power Company Limited has approved the appointment of Ms. Nishi Vasudeva (DIN: 03016991) as an Additional Non-Executive Independent Director.

The board meeting held on May 12, 2026, approved the appointment, which is effective from May 13, 2026. Ms. Vasudeva's tenure will continue until March 29, 2031, or until the date she reaches 75 years of age, subject to the approval of the Company's shareholders.

Executive Profile​

Ms. Nishi Vasudeva is a distinguished Indian business executive with extensive experience in the petroleum industry. She is noted for being the first woman in India to lead an organization within the energy sector and is one of the few global leaders to head an oil company.

Her professional career highlights include:

• Serving as the Chairperson and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL), a Fortune 500 company, until March 2016.
• As CMD of HPCL, she was responsible for establishing the organization's vision and long-term objectives, focusing on enhancing growth and profitability and fostering a high-performance culture.
• She also served as the Chairperson of the Board for several HPCL joint venture companies, collaborating with reputed multinational firms and Indian corporates.
• Her leadership roles at HPCL encompassed Marketing, Corporate Strategy, Planning and Information Systems, where she led key business transformation and organizational restructuring projects.
• Ms. Vasudeva has been a Member of several Committees focused on the development of policy for the Hydrocarbon sector in India.

She is a B.A. in Economics (Honours) from Delhi University and holds an MBA from IIM Calcutta, bringing over 38 years of experience to the company. Ms. Vasudeva has received numerous honors, including the Platts 'Global CEO of the Year' award in the Energy sector, and the SCOPE Individual Leadership award for Excellence in Public Sector Management from the President of India.

In terms of conflict of interest, records confirm that Ms. Vasudeva is not related to any of the current Directors of the Company. She is also not debarred from holding the office of Director by virtue of any SEBI Order or any other such Authority.

TATAPOWER Stock Price Movement​

Tata Power Company Limited shares today slipped 3.28%, settling at ₹418.4. Trading volume reached 6.82 million shares during the session, reflecting the broad selling pressure on the infrastructure stock.