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Rajiv Mehrishi has been appointed as “Additional Director (Non-Executive, Independent), not liable to retire by rotation, for a period of five years, with effect from October 28, 2022, subject to shareholder approval,” Tata Power informed. stock exchange.
Tata Power announced on Friday that its board has ‘unanimously agreed’ to appoint former union general secretary Rajiv Mehrishi as an independent director of the company.
Mehrishi has been appointed as an “additional director (non-executive, independent), not liable to retire by rotation, for a period of five years, effective from October 28, 2022, subject to the approval of the shareholders,” the company informed the stock. Exchange.
The company added that Mehrishi fulfills the “conditions of independence as required under the Companies Act, 2013 and the rules made thereunder and SEBI.” Securities and Exchange Board of India (SEBI), it added.
Currently, the ex-bureaucrat serves as an independent director on the boards of the following companies – Dabur India, Piramal Enterprises, Infomerics Analytics and Research, Tata Power Renewable Energy and Leap Insights Foundation.
Mehrishi is a retired IAS officer from the 1978-batch of the Rajasthan cadre. He was the general secretary of the union from 2015 to 2017. After his retirement, he took up the position of auditor. Comptroller and Auditor General of India (CAG) till August 2020.
Mehrishi, a retired 1978-batch IAS officer of the Rajasthan cadre, served as Union Secretary between 2015 and 2017. After his retirement till August 2020, he served as the Comptroller and Auditor General of India (CAG).
His entire bureaucratic career spans about 40 years. He has held important positions in the central government and the state of Rajasthan. This year, he was also awarded the Padma Bhushan, a civilian honor.
Tata Power announced Mehrishi’s appointment on the day it posted strong results for the September quarter.
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