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Rumours of board-level exits !

There are rumors of board-level exits in conglomerates with PSU ties (e.g., Tata Power or Reliance’s energy ventures), reassigned to advisory roles amid sustainability pivots. In PSUs, speculations include CMD changes due to performance reviews, with IAS officers like those from the AGMUT cadr

By Whispers in the Corridors 1 min read

There are rumors of board-level exits in conglomerates with PSU ties (e.g., Tata Power or Reliance’s energy ventures), reassigned to advisory roles amid sustainability pivots. In PSUs, speculations include CMD changes due to performance reviews, with IAS officers like those from the AGMUT cadre potentially deputed. 32 A May 2, 2025, mass transfer order raised concerns about executives facing charge sheets being targeted.

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