Executive chairman S Padmanabhan appointed as Tata Power's Additional Director today

NEW DELHI: S Padmanabhan on Saturday has been appointed by Tata Power as Additional Director of the company. Tata Power said in statement that his appointment would be effective from 16 December 2016. The board of company has approved Padmanabhan’s appointment in meeting today. According to the company statement, “The appointment of the Additional Director is in accordance with Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.” At the present time, Padmanabhan is the executive chairman of the Tata Business Excellence Group and was recently given the additional responsibility as Head of Group HR for Tata Sons Limited. Tata Power has called extraordinary general meeting on December 26 to seek shareholders’ approval to remove Cyrus Mistry as a director of the largest integrated private power company in the country.