JSW Energy director & KMP Ashok Ramachandran resigns

Image
Last Updated : Mar 24 2025 | 12:50 PM IST

JSW Energy announced that Ashok Ramachandran has tendered his resignation from the position of director, whole-time director, and key managerial personnel (KMP) of the company, effective from 8 April 2025.

In an exchange filing, the company stated that Ashok Ramachandran resigned due to personal reasons.

The official announcement was made on Friday, 21 March 2025, after market hours.

JSW Energy is primarily engaged in the business of generation of power, with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh), and Salboni (West Bengal).

The companys consolidated net profit declined 32.2% to Rs 157.45 crore in Q3 FY25 as compared with Rs 232.24 crore in Q3 FY24. Total income fell marginally 0.8% to Rs 2,640.04 crore in Q3 FY25 as compared with Rs 2,661.41 crore in Q3 FY24.

The counter fell 0.45% to currently trade at Rs 557.40 on the BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 24 2025 | 12:40 PM IST

Next Story