Tata Power Appoints Former PwC India Chairman Deepak Kapoor as Independent Director
Mumbai, June 2, 2026: The Board of Directors of Tata Power Company Ltd. has approved the appointment of Deepak Kapoor, former Chairman of PwC India, as an Additional Non-Executive Independent Director for a five-year term, strengthening the company's board with extensive expertise in audit, governance, and business advisory.
The appointment, effective from June 1, 2026, was approved based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholders' approval, Tata Power said in a regulatory filing.
Kapoor will serve as an Independent Director until May 31, 2031, bringing more than three decades of leadership experience across diverse industries, including telecom, technology, manufacturing, healthcare, consumer products, entertainment, and media.
A distinguished finance and governance professional, Kapoor spent over 30 years with PwC India and served as the firm's Chairman and Managing Director between 2007 and 2016. During his tenure, he led major audit and advisory assignments and played a key role in business transformation initiatives and strategic transactions.
His expertise spans auditing, corporate governance, risk management, mergers and acquisitions, and business advisory services. Kapoor has also led deal advisory practices for more than eight years and worked extensively with multinational corporations and Indian enterprises.
Kapoor is a Fellow Member of both the Institute of Chartered Accountants of India (ICAI) and the Institute of Company Secretaries of India (ICSI). He is also a member of the Institute of Certified Fraud Examiners (USA).
Tata Power stated that Kapoor is not related to any member of the company's board and is not debarred from holding the office of director by any regulatory authority, including SEBI.
The appointment comes as Tata Power continues to expand its presence across renewable energy, power distribution, transmission, electric vehicle charging infrastructure, and clean energy solutions, making board-level expertise increasingly critical for its long-term growth strategy.