Skipper Limited (BSE: 538562; NSE: SKIPPER) has appointed RN Nayak, former Chairman and Managing Director of Power Grid Corporation of India Limited (PGCIL), as a Non-Executive Independent Director on its Board, effective October 12, 2026. Mr Nayak brings more than 40 years of experience in the power sector, having held senior positions at major Central Public Sector Undertakings, including PGCIL and NTPC. His appointment comes as Skipper continues to expand its power transmission and distribution business in India and international markets.
During his tenure at PGCIL, Mr Nayak led a workforce of around 10,000 employees and oversaw a turnaround in which the company’s assets, revenue and profit more than doubled in just over three years. Mr Nayak currently serves on the boards of several organisations, including Odisha Power Transmission Corporation Limited, TP Northern Odisha Distribution Limited, TP Western Odisha Distribution Limited, GRIDCO Limited, Diamond Power Infrastructure Limited, Yash High Voltage Limited, IMP Power, Odisha Hydro Power Corporation, GEDCOL, Powerica Limited and Future Smartec (OPC) Private Limited.
He also works as a consultant to the World Bank Group in Washington, advising on international cross-border projects, and provides consultancy services to national and international firms. Mr Nayak holds a master’s degree in Electrical Engineering from the Indian Institute of Technology Kharagpur and a bachelor’s degree from the National Institute of Technology Rourkela.
Commenting on the appointment, Sharan Bansal, Director of Skipper Limited, said Nayak’s experience in power transmission and large-scale project execution would strengthen the Board’s oversight as the company pursues its growth plans. “We are delighted to welcome Mr Nayak to the Board. Mr. Nayak has shaped national transmission build-out from the inside. His experience across every facet of the sector, from technology adoption to large-scale execution and grid operations, will strengthen the Board’s oversight as Skipper pursues growth in India and abroad. His perspective will be invaluable to Skipper and its Board, and we look forward to working closely with him to create long-term, sustainable value for our shareholders and wider stakeholders,” Mr Bansal said.
Established in 1981, Skipper Limited operates in the power transmission and distribution and polymer product segments. The company manufactures transmission towers, engineering, procurement and construction (EPC) solutions, monopoles, poles and railway electrification structures. Its international operations span more than 65 countries across regions including Latin America, Europe and Africa. Skipper also manufactures polymer pipes and fittings under the Skipper brand for agricultural and plumbing applications. The company is listed on the BSE under code 538562 and on the National Stock Exchange under the symbol SKIPPER.
