Adani Power Elevates CEO to Board, Adds 2 Independent Directors — Real Transition or Just Energy Optics?


🔌 At a glance:

In a 33-minute board meeting, Adani Power:

  • Appointed Shersingh Khyalia as Whole-Time Director & CEO,
  • Added two high-profile independent directors — Manmohan Srivastava (IAS) and Shailesh Haribhakti (Audit Guru),
  • And reaffirmed its push for governance + power sector dominance.

Stock didn’t cheer though — it closed down 1.46% at ₹543.90.


👔 Boardroom Reshuffle – Who’s Who?

👤 Name🏢 Role🕒 Term
Shersingh KhyaliaPromoted to Whole-Time Director & CEO3 years from May 31, 2025
Manmohan Srivastava (IAS Retd.)Non-Executive, Independent Director3 years from May 31, 2025
Shailesh HaribhaktiNon-Executive, Independent Director3 years from Nov 4, 2025

This lineup isn’t just about rotation — it’s Adani trying to power up credibility and prep

for the next growth phase.


👨‍💼 Spotlight: Shersingh Khyalia

The man’s resume reads like a PSU leaderboard:

  • Chartered Accountant ✔️
  • Ex-GUVNL, Ex-GPCL MD ✔️
  • Experience in power trading, regulation, renewables, finance, legal, UMPPs ✔️
  • Joined Adani Power as CEO in Dec 2021
  • Now officially elevated to Board as CEO & Whole-Time Director

In short: He’s seen it all — DISCOMs, PPAs, and SEZs. Probably has load-shedding nightmares too.


🧠 The Independents

🕴️ Mr. Manmohan Srivastava

  • Ex-Finance Secretary, Govt of Gujarat
  • Ex-Commissioner of Commercial Tax
  • Ex-MD of
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