Power Finance Corporation (PFC) has announced the superannuation of two of its directors, Manoj Sharma and Sandeep Kumar, effective 1 April 2026. This change comes as part of the company’s regular board transitions.
Manoj Sharma, who served as the Director (Commercial) on the board of PFC, was appointed pursuant to an order from the Ministry of Power, Government of India. His tenure was set from the date he assumed charge until his superannuation date, 31 March 2026, or until further orders. Having reached the age of superannuation, Sharma has now ceased to be a director at PFC.
Similarly, Sandeep Kumar, who held the position of Director (Finance) on the board, was appointed under a similar order from the Ministry of Power. His term was also set from the date of assumption until his superannuation on 31 March 2026. Kumar, too, has stepped down from his role following the completion of his tenure.
These changes are in line with the company’s compliance with regulatory requirements and its commitment to maintaining a dynamic and effective board structure.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).