NHPC Announces Retirement of Director (Personnel) Uttam Lal, Senior Management Changes Effective May 31
Faridabad, May 31, 2026: State-owned hydropower major NHPC Ltd has informed stock exchanges about changes in its Board and senior management, including the retirement of Director (Personnel) Shri Uttam Lal upon attaining the age of superannuation.
In a regulatory filing submitted to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NHPC stated that Shri Uttam Lal will cease to hold the position of Director (Personnel) with effect from the close of business hours on May 31, 2026.
Director (Personnel) Uttam Lal Retires After Distinguished Service
Shri Uttam Lal has been serving as Director (Personnel) at NHPC and has played a key role in overseeing the company's human resource management, employee welfare initiatives, and organizational development strategies.
His retirement marks the conclusion of a significant tenure at one of India's leading hydropower companies, where he contributed to strengthening NHPC's workforce management and human capital development.
Changes in Senior Management Also Announced
Alongside the board-level change, NHPC also informed exchanges regarding changes in senior management personnel one level below the Board of Directors. The company mentioned Smt. Madhusmita Pany, Executive Director (ED), in its disclosure as part of the senior management changes.
The filing was made to ensure compliance with regulatory disclosure requirements and to keep shareholders and investors informed about key managerial developments within the organization.
NHPC Continues Focus on Leadership Transition and Growth
As India's largest hydropower developer, NHPC regularly undertakes leadership transitions in line with government and corporate governance norms. The latest changes come as the company continues to expand its renewable energy portfolio, including hydro, solar, and pumped storage projects across the country.
The company stated that the disclosure has been made for information and record purposes in accordance with applicable SEBI regulations.