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Indian Administration

CMD Appointment Crisis: Company in the Spotlight

CMD Appointment Crisis: Company in the Spotlight

CMD Appointment Crisis: Company in the Spotlight- A major company in Himachal Pradesh has been in the spotlight recently due to the ongoing saga surrounding the appointment of its new Chairman Managing Director (CMD).

Despite the looming decision, no concrete steps have been taken towards selecting a permanent CMD for this company, keeping stakeholders and observers on edge.

The departure of Nand Lal Sharma from SJVN has triggered a wave of temporary CMD appointments within the company. Geeta Kapoor, Sushil Sharma, Rajkumar Chaudhary, and currently, Bhupendra Gupta have been entrusted with shouldering the responsibilities of the additional charge.

Industry experts speculate that this company, following in the footsteps of NHPC, will become the next in line to grapple with an extended period of having an interim CMD. NHPC itself had faced a similar situation with prolonged interim charges in the past.

The company at the center of this intrigue will be revealed in the next update.

 

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