New Delhi: Power Finance Corporation Limited (PFC), a leading public sector financial institution under the Government of India, has announced the appointment of Mr. Pankaj Gupta as a Part-Time Non-Official Director on its Board. The appointment has been made for a short tenure of three months, effective June 22, 2026.
The decision has been issued through an official order from the Ministry of Power, Government of India, in line with the company’s Articles of Association and regulatory framework.
Appointment Approved by Ministry of Power
The appointment of Mr. Pankaj Gupta (DIN: 03415536) has been made under the authority of the Ministry of Power through an order dated June 22, 2026.
As per the disclosure filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, he will serve as a Part-Time Non-Official Director on the Board of PFC.
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Tenure and Role Details
Mr. Pankaj Gupta’s appointment carries the following key terms:
- Position: Part-Time Non-Official Director
- Company: Power Finance Corporation Limited
- Tenure: 3 months from date of assuming charge
- Extension Clause: Until further orders, whichever is earlier
- Regulatory Basis: SEBI (LODR) Regulations, 2015
Professional Background of Mr. Pankaj Gupta
Mr. Pankaj Gupta is a Chartered Accountant and Fellow Member of the Institute of Chartered Accountants of India (ICAI), with more than 25 years of professional experience in taxation, audit, and financial advisory.
He is currently the Managing Partner of Pankaj Manvi & Associates, a firm specializing in:
- Direct and Indirect Taxation
- Audit and Accounting Services
- Fundraising and Financial Advisory
- Corporate Litigation Support
Expertise in Taxation and Regulatory Advisory
Over his career, Mr. Gupta has advised corporates, multinational companies, and financial institutions on a wide range of complex financial and regulatory matters, including:
- Income Tax and International Taxation
- Transfer Pricing and GST Compliance
- FEMA and Corporate Law Advisory
- SEBI Regulations and Capital Market Transactions
He has also contributed to major financial transactions such as IPOs, FPOs, private placements, and due diligence processes, while supporting compliance before regulatory bodies like SEBI, ROC, NCLT, and NCLAT.
Public Policy and Media Contributions
Apart from his professional practice, Mr. Gupta is recognized as a public policy commentator. He frequently appears on national media platforms to share insights on taxation, budgets, and economic policy.
He has also participated in seminars and conferences organized by industry associations and has contributed to professional journals and business forums.
Regulatory Compliance Statement by PFC
PFC has confirmed that Mr. Pankaj Gupta is not debarred from holding the position of director by SEBI or any other regulatory authority.The company further stated that there is no relationship between the incoming director and existing board members, ensuring full compliance with governance norms.
About Power Finance Corporation Limited
Power Finance Corporation Limited (PFC) is a Government of India enterprise under the Ministry of Power and one of the leading financial institutions in the power sector. The company plays a key role in financing India’s energy infrastructure, supporting power generation, transmission, and distribution projects across the country.
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