Governance Negative

2026-05-29 14:41

CRITICAL RED FLAG DETECTED

Power Grid Corporation of India Limited submitted its Secretarial Compliance Report for the financial year ended March 31, 2026. The report noted non-compliance with SEBI (LODR) Regulations 17(1) regarding the composition of the Board (absence of adequate Independent Directors and an Independent Woman Director) and Regulations 18, 19, 20, 21 concerning the composition of statutory committees. This led to fines levied by NSE and BSE for certain quarters in 2025. The company stated that the non-compliance was due to delays in appointments by the Government of India. Subsequently, required Independent Directors were appointed by May 16, 2025, bringing the company into compliance. NSE and BSE later granted waivers for the levied fines.

Governance Negative

2026-05-28 18:15

CRITICAL RED FLAG DETECTED

POWERGRID received notices from BSE and NSE on May 27, 2026, for non-compliance with Regulation 17(1) of SEBI LODR regarding board composition for the quarter ended March 31, 2026. A fine of ₹5,31,000 (incl. GST) was imposed by each exchange. The company states that the power to appoint directors rests with the President of India and the matter has been taken up with the Ministry of Power to fill the vacant Independent Director posts. POWERGRID has requested a waiver of the fine.

Business Update Positive

2026-05-25 15:48

Power Grid Corporation of India Limited (POWERGRID) held an Analysts' and Institutional Investors' Meet for Q4 and FY26, expressing optimism for sustained long-term growth in the transmission sector. The company exceeded its FY26 CapEx guidance, delivering close to ₹40,000 crore, and provided an initial CapEx guidance of ₹37,000 crore for FY27, expecting it to reach ₹40,000-₹45,000 crore for FY28. Total works in hand stand at ₹1.7 lakh crore, with a bidding pipeline of ₹1.1 lakh crore. Growth is anticipated from strategic opportunities in inter-State and intra-State transmission, 22 upcoming HVDC projects, global expansion into Kenya via a PPP model, and Battery Energy Storage Systems (BESS) projects. The company also highlighted advancements in technology adoption and strong ESG performance.

Business Update Neutral

2026-05-19 00:56

POWERGRID organized an Analysts' & Institutional Investors' Meet on May 18, 2026, where Senior Management discussed the company's business and outlook post the declaration of audited financial results for Q4 & financial year ended March 31, 2026. The audio and video recording links of the meet have been provided.

Governance Negative

2026-05-16 15:04

CRITICAL RED FLAG DETECTED

POWERGRID CORPORATION OF INDIA LIMITED announced that Smt. Sajal Jha ceased to be a Non-Official Director (Independent Director) on its Board, effective 15th May, 2026, upon completion of her tenure. This disclosure was made on 16th May, 2026, as per SEBI regulations.

Governance Neutral

2026-05-16 15:04

POWERGRID announced that Smt. Sajal Jha (DIN: 09402663) ceased to be a Non-Official (Independent) Director on the Board upon completion of her tenure on May 15, 2026. This disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Governance Neutral

2026-05-16 14:59

POWERGRID announced the promotion of Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta from Chief General Managers to Executive Directors (Senior Management Personnel) with effect from May 15, 2026. This change in senior management is disclosed under SEBI Regulation 30.

Business Update Positive

2026-05-15 21:13

POWERGRID's Committee of Directors on Investment on Projects approved three proposals totaling an estimated ₹584.13 Crore. These include the augmentation of Tuticorin-II GIS Sub Station for ₹132.06 Crore (commissioning by Feb 2028) and the installation of OPGW & associated communication systems in WR and ER Regions for ₹308.49 Crore and ₹143.58 Crore respectively (commissioning within 30 months from Sep 2028).

Financials Positive

2026-05-15 20:50

Consolidated Revenue ₹11,665.61 Cr vs ₹12,275.35 Cr (▼5.04% YoY), EBITDA ₹9,065.61 Cr vs ₹10,223.60 Cr (▼11.32% YoY), PAT ₹4,546.33 Cr vs ₹4,142.87 Cr (▲9.74% YoY). EBITDA Margin 77.71% vs 83.29% (▼558 bps). The Board also recommended a final dividend of ₹1.25 per equity share, bringing the total dividend for FY2025-26 to ₹9.00 per share. Additionally, the Board approved raising funds up to ₹5,000 Crore through unsecured rupee term loans/line of credit.

Financials Positive

2026-05-15 20:38

The Board of Directors of Power Grid Corporation of India Limited approved the Audited Financial Results (Standalone & Consolidated) for the Financial Year ended 31st March, 2026, with an unmodified auditor's opinion. They also recommended a final dividend of Rs. 1.25 per equity share, which is in addition to two interim dividends of Rs. 4.50 and Rs. 3.25 previously paid for FY2025-26. Furthermore, the Board approved raising funds up to Rs. 5,000 Crore through Unsecured Rupee Term Loans/Line of Credit.

Financials Neutral

2026-05-15 19:45

Standalone Revenue ₹9,971.09Cr vs ₹10,982.55Cr (▼9.21% YoY), EBITDA ₹7,500.87Cr vs ₹9,222.70Cr (▼18.67% YoY), PAT ₹4,552.80Cr vs ₹4,336.17Cr (▲5.00% YoY). EBITDA Margin 75.23% vs 83.97% (▼874bps). The Board also recommended a final dividend of Rs. 1.25 per equity share, bringing the total dividend for FY2025-26 to Rs. 9.00 per share, and approved raising funds up to Rs. 5,000 Crore.

Business Update Neutral

2026-05-12 21:17

Power Grid Corporation of India Limited (POWERGRID) announced an Analysts' & Institutional Investors' Meet scheduled for Monday, May 18, 2026, at 11:30 A.M. (IST) in Mumbai. The Senior Management team will discuss the company's business and outlook following the declaration of audited financial results for the 4th quarter and financial year ended March 31, 2026.

Governance Neutral

2026-05-08 18:51

POWERGRID announced that its Board Meeting to consider Audited Financial Results for the Financial Year ended March 31, 2026, and a recommendation for Final Dividend, has been pre-poned from Saturday, May 16, 2026, to Friday, May 15, 2026. Consequently, the trading window closure has been adjusted, now remaining closed until Sunday, May 17, 2026, and reopening on Monday, May 18, 2026.

Financials Neutral

2026-05-08 18:44

POWERGRID announced that its Board Meeting, previously scheduled for May 16th, 2026, has been pre-poned to Friday, May 15th, 2026. The meeting will consider and approve the Audited Financial Results for the Financial Year ended March 31st, 2026, and recommend a Final Dividend for FY 2025-26. The trading window will remain closed until Sunday, May 17th, 2026, re-opening on Monday, May 18th, 2026.

Governance Neutral

2026-05-06 12:48

POWERGRID announced its Board of Directors will meet on Saturday, May 16, 2026, to consider and approve the audited financial results for the financial year ended March 31, 2026, and to recommend a final dividend, if any, for FY 2025-26. The trading window for the company's shares remains closed until Monday, May 18, 2026, opening on Tuesday, May 19, 2026.

Financials Neutral

2026-05-06 12:42

POWERGRID announced that its Board of Directors will meet on Saturday, May 16, 2026, to consider and approve the audited financial results for the Financial Year ended March 31, 2026. The board will also consider the recommendation of a Final Dividend for FY 2025-26, if any. The trading window for designated persons remains closed until May 18, 2026, opening on May 19, 2026.

Business Update Positive

2026-04-30 11:51

POWERGRID's Board of Directors, in a meeting on April 30, 2026, approved raising funds up to Rs. 4,000 Crore. The funds will be secured through an Unsecured Rupee Term Loan/Line of Credit (Bank Facility) from State Bank of India.

Governance Neutral

2026-04-27 17:10

POWERGRID's Board of Directors will meet on 30th April, 2026, to consider a proposal for fund raising through Unsecured Rupee Term Loan / Line of Credit (Bank Facility).

Routine Neutral

2026-04-22 22:15

New Filing detected. See link for details.

Governance Neutral

2026-04-16 11:59

Shri Shiv Tapasya Paswan and Shri Rohit Vaswani ceased to be Independent Directors of POWERGRID on April 15, 2026, upon completion of their tenure as per Ministry of Power orders.

Governance Neutral

2026-04-16 11:57

CRITICAL RED FLAG DETECTED

POWERGRID announced on April 16, 2026, the completion of tenure for Shri Shiv Tapasya Paswan and Shri Rohit Vaswani as Non-Official Directors (Independent Directors) on the Board, effective April 15, 2026, as per Ministry of Power orders.

Governance Neutral

2026-04-06 22:01

Shri Burra Vamsi Rama Mohan, CMD, POWERGRID, has been given additional charge for the post of Director (Projects) for 3 months, effective April 1, 2026, or until a regular incumbent takes over.

Business Update Positive

2026-04-01 22:33

POWERGRID declared successful bidder for the "Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)" project on a Build, Own, Operate and Transfer (BOOT) basis. The project involves a 400 kV D/c Transmission Line in Karnataka, with the Letter of Intent received on April 1, 2026.

Business Update Positive

2026-04-01 18:48

POWERGRID provided a business update from a webinar held on March 23, 2026. The company revised its Capex guidance to over ₹35,000 Cr (from ₹32,000 Cr) and projected capitalization for the financial year to exceed ₹25,000 Cr (from ₹22,000 Cr).

Governance Positive

2026-04-01 18:22

Power Grid Corporation of India Limited (POWERGRID) announced the promotion of Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar from Chief General Manager to Executive Director (ED), effective April 1, 2026. This constitutes a change in Senior Management Personnel.

Routine Neutral

2026-04-01 10:35

New Filing detected. See link for details.

Routine Neutral

2026-04-01 10:29

New Filing detected. See link for details.

Governance Neutral

2026-04-01 10:23

Dr. Ravindra Kumar Tyagi ceased to be the Chairman & Managing Director (CMD) of POWERGRID, effective March 31, 2026, due to attaining the age of superannuation.

Governance Neutral

2026-03-31 19:20

Power Grid Corporation of India Limited announced the cessation of two Executive Directors, Shri Ashwani Kumar Gupta and Shri Jasbir Singh, as Senior Management Personnel due to superannuation, effective March 31, 2026.

Business Update Positive

2026-03-27 18:51

POWERGRID announced the successful commissioning of the 'Transmission System for Power Evacuation from Arun-3 (900 MW) HEP, Nepal of M/s SAPDC - Indian Portion' project. The project was commissioned with effect from September 3, 2023.

Business Update Neutral

2026-03-24 22:36

POWERGRID announced the availability of the video/audio recording of the Webinar for Analysts & Investors held on March 23, 2026. The webinar covered the Company's business update.

Business Update Neutral

2026-03-23 22:23

POWERGRID informed about the audio recording of a Webinar for Analysts & Investors held on March 23, 2026. Senior Management discussed the Company's business update and interacted with participants, and the audio link has been provided.

Routine Neutral

2026-03-23 15:45

The Trading Window of the Company will remain closed from March 31, 2026, until 48 hours after the declaration of financial results for the quarter and year ending March 31, 2026.

Business Update Positive

2026-03-23 10:51

Power Grid Corporation of India Limited (POWERGRID) filed a presentation for a Webinar for Investors & Analysts held on March 23, 2026. The presentation focused on the company's business update, highlighting growth visibility, resilient earnings, strategic expansion, and revised capex guidance.

Business Update Positive

2026-03-19 23:33

POWERGRID's Board, on March 19, 2026, approved the merger/amalgamation of 28 wholly-owned subsidiaries into 2 other WOS. This corporate restructuring aims to enhance operational and management efficiencies and simplify the organizational structure, superseding an earlier proposal.

Business Update Positive

2026-03-19 23:27

POWERGRID's Board approved an investment of ₹705.30 Crore for procuring cold spare Transformers & Reactors. This project, approved on March 19, 2026, is scheduled for implementation within 30 months from the approval date.

Business Update Neutral

2026-03-17 18:24

Power Grid Corporation of India Limited announced a webinar for analysts and investors on Monday, March 23, 2026, at 11:00 AM (IST). Management will interact with participants to provide a company business update.

Business Update Positive

2026-03-16 19:08

POWERGRID's Board will meet on March 19, 2026, to consider merging 28 wholly-owned subsidiaries into 2, superseding an earlier plan for 11 WOS. The trading window will close from March 17 to March 21, 2026, reopening March 22, 2026.

Business Update Positive

2026-03-12 18:42

POWERGRID acquired 100% of NES Pune East New Transmission Limited (NPENTL) on 12.03.2026 for approx. ₹8.05 Cr. NPENTL is a Project SPV for establishing a 765/400 kV AIS Pune East network expansion scheme in Maharashtra, secured via Tariff Based Competitive Bidding.

Governance Positive

2026-03-09 20:17

Powergrid's Board approved raising ₹5,000 Cr via loan, a ₹233.96 Cr investment for a security center, divestment of CTUIL to GRID-INDIA, and a strategic alliance with Africa50 and UDB for a Uganda transmission project.

Governance Neutral

2026-03-03 23:12

POWERGRID announced a Board meeting on March 09, 2026, to consider fund-raising via an Unsecured Rupee Term Loan/Line of Credit (Bank Facility). The trading window will be closed from March 04 to March 11, 2026.

Governance Neutral

2026-03-03 23:10

POWERGRID announced a Board Meeting on March 9, 2026, to consider fund-raising through unsecured rupee term loans/line of credit (Bank Facility). The trading window will be closed from March 4 to March 11, 2026 (both days inclusive).

Governance Positive

2026-03-02 18:52

POWERGRID received relaxation from SEBI on March 2, 2026, under Regulation 102 of SEBI LODR, for non-compliance with Regulations 17(10) and 25(4)(a) & 25(4)(b), which typically relate to board composition.

Governance Negative

2026-02-28 20:50

CRITICAL RED FLAG DETECTED

POWERGRID received notices from BSE & NSE on Feb 27, 2026, for non-compliance with Board composition (Reg 17(1) of SEBI LODR) for Q3 FY26. Fined Rs. 5,42,800 (incl. GST) each by BSE & NSE, totaling Rs. 10,85,600. Company is seeking waiver.

Business Update Positive

2026-02-24 22:29

The Cabinet Committee on Economic Affairs approved enhancing POWERGRID's permissible equity investment limit per subsidiary from ₹5,000 Cr to ₹7,500 Cr, retaining a 15% net worth cap. This empowers the company to expand investments and undertake larger transmission projects.

Business Update Positive

2026-02-24 18:25

POWERGRID Narela Transmission Limited, a subsidiary of Power Grid Corporation of India Ltd., has successfully commissioned an Inter-State Transmission System project for 8.1 GW solar power in Rajasthan, effective 07th December, 2025. DOCO received on 24th February, 2026.

Business Update Positive

2026-02-12 22:54

POWERGRID has acquired Bellary Davanagere Power Transmission Limited (BDPTL) for approximately ₹13.02 Cr on 12.02.2026. This 100% acquisition, secured via competitive bidding, aims to strengthen the transmission system for integrating additional renewable energy potential in Karnataka.

Business Update Negative

2026-02-12 22:49

CRITICAL RED FLAG DETECTED

Fitch Ratings revised POWERGRID's stand-alone credit profile from 'bbb+' to 'bbb' on Feb 12, 2026, due to revised Corporate Rating Criteria. Long-Term Issuer Default Ratings remain unchanged at 'BBB-' with Stable Outlook.

Business Update Positive

2026-02-11 22:23

POWERGRID has been declared the successful bidder for an Intra-State Transmission System project in Maharashtra to remove transmission constraints in the Pune Region-I (765/400 kV AIS Pune East) on BOOT basis. The Letter of Intent was received on February 11, 2026.

Business Update Positive

2026-02-09 23:14

Transcript of POWERGRID's Q3 FY25-26 Analysts' Meet highlighted strong business performance. The company achieved ₹29,200 Cr CAPEX for nine months, exceeding targets, and commissioned ₹18,700 Cr projects. Gross fixed assets crossed ₹3 trillion, with new energy storage ventures and international partnerships, and improving project execution.

Routine Neutral

2026-02-03 19:59

New Filing detected. See link for details.

Business Update Neutral

2026-02-02 23:30

POWERGRID held an Analysts' & Institutional Investors' Meet on February 2, 2026, discussing the company's business and outlook post financial results for the quarter & nine months ended December 31, 2025. Audio and video recording links of the meet are provided.

Business Update Positive

2026-02-02 18:05

POWERGRID Khavda II-C Transmission Limited, a wholly owned subsidiary, successfully commissioned the ‘Transmission scheme for evacuation of 4.5GW RE injection at Khavda PS under Phase-II, Part C’ effective January 31, 2026, as notified on February 2, 2026.

Financials Positive

2026-02-02 11:52

Power Grid Corporation announced an Analysts' & Institutional Investors' Meet on February 2nd, 2026, for Q3FY26 & 9MFY26 results. The presentation highlights include ₹3 Trillion+ Gross Fixed Assets and FY26 Capex on track to exceed guidance.

Governance Neutral

2026-01-31 00:20

POWERGRID's Board approved on Jan 30, 2026, the withdrawal of its Nominee Director from PTC India Limited's Board and relinquishment of all promoter rights in PTC. This action is pursuant to a Ministry of Power memo dated Jan 16, 2026.

Business Update Positive

2026-01-31 00:10

POWERGRID's Committee of Directors approved an investment of ₹173.14 Crore for augmenting the 1x500 MVA, 400/220kV ICT at Thrissur VSC HVDC Station in Kerala. The project is scheduled for commissioning by August 21, 2027.

Financials Positive

2026-01-30 22:12

POWERGRID's Board approved Q3 FY26 financial results, declared a 2nd interim dividend of Rs. 3.25/share (Record Date: Feb 09, 2026; Payment: Feb 27, 2026), and approved borrowing up to Rs. 32,000 Crore for FY2025-26.

Financials Positive

2026-01-30 21:58

Consolidated Revenue ₹12,395.09Cr vs ₹11,233.03Cr (▲10.34% YoY), EBITDA ₹10,606.76Cr vs ₹9,532.89Cr (▲11.27% YoY), PAT ₹4,184.96Cr vs ₹3,861.63Cr (▲8.38% YoY). EBITDA Margin 85.57% vs 84.86% (▲71bps). The board also declared a 2nd interim dividend of ₹3.25 per share for FY2025-26.

Financials Positive

2026-01-30 21:41

Standalone Revenue ₹11,005Cr vs ₹10,121Cr (▲8.7% YoY), EBITDA ₹9,419Cr vs ₹8,523Cr (▲10.5% YoY), PAT ₹4,160Cr vs ₹3,894Cr (▲6.8% YoY) for the quarter ended December 31, 2025. EBITDA Margin expanded from 73.4% to 75.7% (▲233bps). The board also declared a 2nd Interim Dividend of Rs. 3.25/- per equity share for FY2025-26.

Business Update Neutral

2026-01-27 16:17

Power Grid Corporation of India Limited will host an Analysts' & Institutional Investors' Meet on Monday, February 2nd, 2026, at 12:00 Noon in Mumbai. Senior management will discuss the company's business and outlook post the declaration of financial results for Q3 & nine months ended December 31st, 2025.

Governance Neutral

2026-01-25 21:58

The Board of Directors, in its meeting on January 25, 2026, approved the promotion/appointment of several senior level officials as Executive Directors (EDs), effective the same day. These promotions are for Senior Management Personnel one level below the Board.

Governance Positive

2026-01-25 21:43

The Board of Directors, in a meeting on January 25, 2026, approved the promotion/appointment of nine senior level officials as Executive Directors (one level below the Board of Directors).

Financials Positive

2026-01-23 17:55

POWERGRID's Board will meet on Jan 30, 2026, to consider Q3 FY26 unaudited financial results and potentially declare a 2nd Interim Dividend. Record Date for dividend (if declared) is Feb 09, 2026. Trading window closes until Feb 01, 2026.

Governance Neutral

2026-01-23 17:53

POWERGRID's Board will meet on January 30, 2026, to approve Q3 FY25-26 unaudited financial results and consider a 2nd interim dividend. If declared, the record date for dividend eligibility will be February 09, 2026.

Governance Neutral

2026-01-23 17:47

POWERGRID announced a Board Meeting on January 30, 2026, to consider Q3 FY26 unaudited financial results and potential 2nd interim dividend. If declared, the Record Date for dividend will be February 9, 2026. The trading window will open on February 2, 2026.

Business Update Positive

2026-01-20 19:59

POWERGRID's Committee of Directors on Investment on Projects approved investments totaling ₹913.99 crore for procuring cold spare Transformers & Reactors across three regions (51st WRPC, 28th NERPC, 53rd SRPC). Projects are to be implemented within 30 months from approval.

Routine Positive

2026-01-16 23:04

POWERGRID Bhadla Sikar Transmission Limited successfully commissioned a project on Jan 14, 2026, with commercial operation notification received on Jan 16, 2026. The project is part of a larger scheme for solar energy evacuation in Rajasthan (8.1GW).

Routine Positive

2026-01-08 18:41

Power Grid Corporation of India Ltd. was declared a successful bidder under Tariff Based Competitive Bidding for an Inter-State Transmission System project in Karnataka on Jan 8, 2026. The project involves a 400 kV transmission line and related works.

Routine Neutral

2026-01-06 22:42

Powergrid submits Regulation 74(5) disclosure certificate from KFin Technologies for Q4 2025.

532898

POWER GRID CORPORATION OF INDIA LTD

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