Power Finance Corporation Share Price in Focus as Rajesh Kumar Agarwal Takes Over as Director (Finance) & CFO Effective April 23, 2026

Power Finance Corporation Limited (PFC) has announced the appointment of Rajesh Kumar Agarwal as Director (Finance) and Chief Financial Officer (CFO), effective from April 23, 2026. 

This decision was formalised during the board meeting held on April 30, 2026. 

Appointment of Rajesh Kumar Agarwal 

Rajesh Kumar Agarwal has assumed the role of Director (Finance) and CFO at Power Finance Corporation Limited.  

His appointment follows an order from the Ministry of Power, Government of India, dated April 23, 2026. The Board of Directors confirmed his position during their meeting on April 30, 2026. 

Agarwal's extensive experience in finance is expected to contribute significantly to PFC's strategic financial management and operations.  

His leadership will be crucial in navigating the corporation through the evolving financial landscape. 

Role and Responsibilities 

As Director (Finance) and CFO, Rajesh Kumar Agarwal will oversee the financial strategies and operations of Power Finance Corporation.  

His responsibilities include managing financial risks, financial planning, and record-keeping, as well as financial reporting to higher management. 

Read More: PowerGrid Share Price in Focus After ₹4,000 Crore Fund Raise Approval from SBI! 

Background of Power Finance Corporation 

Power Finance Corporation Limited, a Government of India undertaking, is a leading financial institution in the power sector.  

It provides financial assistance to power projects across India, supporting the development and expansion of the country's energy infrastructure. 

With its headquarters in New Delhi, PFC plays a pivotal role in funding projects that enhance the nation's power capacity and efficiency. 

Power Finance Share Price Performance 

As of April 30, 2026, at 3:30 PM, Power Finance share price on NSE was closed at ₹448.40 down by 3.52% from the previous closing price. 

Conclusion 

The appointment of Rajesh Kumar Agarwal as Director (Finance) and CFO marks a significant development for Power Finance Corporation. His expertise is anticipated to drive the corporation's financial strategies and contribute to its growth and stability in the power sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.