What was filed
Power Grid Corporation of India told the exchanges that its board, meeting on 20 August 2026, appointed Shri Amol Babulal Taori (DIN: 11890590) as Additional Director [Director (Finance)] and as Chief Financial Officer, effective the same day. Consequently, Shri Venkata Subrahamanayam Vallurie, Chief General Manager (F&A), ceased to be CFO.
The appointment follows a Ministry of Power order dated 12 August 2026 conveying Taori — previously Executive Director (In-charge) International Trade at Hindustan Petroleum Corporation Limited — to the post. He assumed charge of Director (Finance) on 18 August 2026 as an Additional Director, an appointment ratified at the 37th Annual General Meeting held on 20 August 2026.
The incoming finance head
Per the filing, Taori is a Chartered Accountant with nearly 30 years of experience across Finance, Treasury, International Trade, Marketing and Compensation Management. At HPCL he managed crude procurement of roughly 700 kbd, product imports and exports, chartering and shipping arrangements, and oil price risk management, and represented the company at global equity and debt roadshows. He has also served on the board of HPCL Middle East FZCO, Dubai.
The Ministry of Power order sets his term as Director (Finance) at five years from the date he assumed charge, or until further orders, whichever is earlier. The company noted he is not related to any of its directors or key managerial personnel.
Context for holders
This formalises who leads the finance function at the state-owned transmission utility. Vallurie had held the CFO role in an interim capacity as Chief General Manager (F&A); the board has now placed it with a full-time Director (Finance) appointed through the Ministry of Power process that governs board positions at central public sector enterprises.