Shri Sipan Kumar Garg
Shri Sipan Kumar Garg
Chairman & Managing Director and Director (Finance)
THDC India Limited

Shri Sipan Kumar Garg, Director (Finance), has been appointed as Chief Financial Officer (CFO) of THDC India Limited w.e.f. 27.09.2024 and has also been designated as a Key Managerial Personnel (KMP) of the Company. A distinguished finance professional, Shri Garg holds a Bachelor of Commerce (Hons) and is a member of the Institute of Chartered Accountants of India (CA), the Institute of Cost Accountants of India (CMA), and the Institute of Company Secretaries of India (CS). Additionally, he holds an LL.B. degree. With over 23 years of extensive experience in Finance, Accounts, Taxation, and Commercial aspects within the power sector, Shri Garg brings a deep expertise to his role at THDC India Limited. During his tenure at NTPC, Shri Garg ascended the professional ladder through his strong sense of responsibility, ethics, and unwavering dedication to the Company. Recognised as an outstanding finance professional, he excelled in every role he undertook at NTPC. Under his leadership in Finance, Aravali Power Company Private Limited received its highest credit ratings and realised significant savings on interest on long-term loans. Shri Garg has enhanced his expertise by participating in numerous workshops and seminars at prestigious institutions both in India and abroad. As a seasoned speaker on Accounting Standards and Ind AS, he has shared his insights widely over the years. He has also been an active member of several committees of the Institute of Chartered Accountants of India, including the ‘Committee on Public Finance and Government Accounting,’ the ‘Accounting Standards Study Group,’ and the ‘Members in Industry Group (PSU).’

Ms Rashmi Sharma
Ms Rashmi Sharma
Company Secretary
THDC India Limited

Ms. Rashmi Sharma, qualified Company Secretary,with over 14 years of rich experience, has been serving as the Company Secretary of THDC India Limited since April 27, 2017, and was formally designated as a Key Managerial Personnel (KMP) on June 15, 2017.

As a Member of institute of company secretaries of India ,since 2010, Ms. Sharma began her career in the corporate sector as a Company Secretary in a prominent real estate group, where she honed her expertise in corporate laws, compliance, and governance. She is also a member of Institute of Cost Accountants of India and Law Graduate, further enhancing her multi-disciplinary skillset. Additionally, she holds prestigious certifications as a CSR Certified Professional and a POSH Certified Professional from the Institute of Company Secretaries of India (ICSI).

Ms. Sharma has played a pivotal role in shaping and strengthening the corporate governance framework of THDC India Limited. As a compliance officer, she ensures that the organization adheres to the highest standards of regulatory compliance and governance. Her contributions include:

  • Successfully managing the issuance and compliance of 11 series of bonds as a compliance officer, including their listing on stock exchanges, thereby facilitating the company's capital-raising efforts.
  • Governance Leadership: Providing critical inputs to the Board and senior management on Company Law, SEBI Regulations, and other corporate laws, ensuring seamless compliance with evolving regulatory frameworks.
  • Managed the strategic sale of equity shareholding of Government of India in THDC India limited to NTPC Limited.

Ms. Sharma's role extends beyond compliance and governance. She serves as the Secretary to the Internal Committee (IC) under the POSH Act for the corporate office Rishikesh to foster a safe and inclusive workplace.