Business

Skipper Limited appoints Mr. R. N. Nayak, former CMD of Power Grid Corporation of India, as Non-Executive Independent Director

New Delhi :  Skipper Limited (BSE: 538562 | NSE: SKIPPER) today announced the appointment of Mr. R. N. Nayak as a Non-Executive Independent Director on its Board, effective 12 October 2026. Mr. Nayak is the former Chairman and Managing Director of Power Grid Corporation of India Limited (PGCIL). He has over 40 years of experience in senior roles at premier Central Public Sector Undertakings in the power sector, including PGCIL and NTPC. At PGCIL, he led a team of about 10,000 employees through an extraordinary turnaround, more than doubling the company’s assets, revenue and profit in just over three years.

Mr. Nayak currently serves on the boards of several companies, including Odisha Power Transmission Corporation Limited, TP Northern Odisha Distribution Limited, TP Western Odisha Distribution Limited, GRIDCO Limited, Diamond Power Infrastructure Limited, Yash High Voltage Limited, IMP Power, OHPC, GEDCOL, Powerica Limited and Future Smartec (OPC) Private Limited. He is also a consultant to the World Bank Group in Washington, advising on international cross-border projects, and provides services to leading national and international consulting companies. He holds a Master’s degree in Electrical Engineering from IIT Kharagpur and a Bachelor’s degree from NIT Rourkela.

Mr. Sharan Bansal, Director, Skipper Limited, said: “We are delighted to welcome Mr. Nayak to the Board. Mr. Nayak has shaped national transmission build-out from the inside. His experience across every facet of the sector, from technology adoption to large-scale execution and grid operations, will strengthen the Board’s oversight as Skipper pursues growth in India and abroad. His perspective will be invaluable to Skipper and its Board, and we look forward to working closely with him to create long-term, sustainable value for our shareholders and wider stakeholders.”

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