Sharika Enterprises Limited has appointed Mr Sanjay Verma as its Chief Executive Officer, effective from one April 2026, in addition to his current role as Executive Director. The move aligns with accelerating grid modernisation and the wider energy transition in India. The appointment is described by the company as a strategic step to strengthen its positioning in the evolving smart grid ecosystem. Mr Verma brings over three decades of experience in power distribution, utility systems and digital grid technologies. He has served as Executive Director and board member since 2014 and previously held a senior role at GE Energy as SWAT Leader for smart grids in the Greater India region, where he was involved in early stage deployment of SCADA, ADMS, EMS, GIS, WFM, demand response management and smart metering platforms. During a long tenure at Schneider Electric he helped introduce technologies such as reclosers, RMUs, fault passage indicators and compact substations to the Indian market. His work has involved collaboration with utilities, regulators and global technology partners including IBM, Accenture, Capgemini, TCS and Tech Mahindra during critical phases of grid modernisation. He has contributed to adoption of distribution automation and intelligent grid solutions, combining technical planning with on the ground execution. He has also participated in projects supported by multilateral agencies such as the World Bank, Asian Development Bank and USAID. The board noted that the appointment comes at a pivotal time as the convergence of power systems and digital technologies reshapes utility operations. The company expects to deepen engagement in smart grid deployments and digital infrastructure projects as utilities move towards more intelligent, automated and integrated networks. Mr Verma stated that the power sector is entering a phase in which digitalisation, resilience and network flexibility are becoming central and that the company will focus on strengthening execution and partnerships across the value chain.