532898

POWER GRID CORPORATION OF INDIA LTD

BSE
Last Traded Price
₹266.95 +2.10 (+0.79%)
Open
₹266.20
High
₹267.30
Low
₹265.00
Prev Close
₹264.85
Industry
Power
Market Cap
2,48,279.62 Cr

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Filing History

Recent corporate announcements and filings for 532898

Business Update Positive
2026-08-28 18:30
- Acquisition: Power Grid Corporation of India Limited (POWERGRID) acquired Fatehgarh II Transmission Limited, a Project SPV. - Purpose: To establish an Inter-State Transmission system for 'Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS' on a Build, Own, Operate, and Transfer (BOOT) basis. - Acquisition Value: Approximately ₹19.11 Crore. - Acquisition Date: 28.08.2026.
Governance Negative
2026-08-26 17:03
CRITICAL RED FLAG DETECTED
- POWERGRID received notices and fines (₹11,36,340 each) from BSE and NSE for non-compliance with SEBI LODR regulations regarding Board and committee composition due to a lack of independent directors for Q1 FY27 (quarter ended June 30, 2026). - The company attributes this to the President of India's authority in appointing directors and has requested a fine waiver.
Governance Positive
2026-08-21 21:53
- Power Grid Corporation of India Limited's 37th Annual General Meeting (AGM) was held on August 20, 2026. All resolutions were duly approved by members with requisite majority, including the adoption of financial statements for FY2026, confirmation of interim and declaration of final dividend for FY2025-26, and re-appointment of Dr. Yatindra Dwivedi.
Business Update Positive
2026-08-21 21:29
- Order Win: POWERGRID declared as successful bidder under Tariff Based Competitive Bidding (TBCB) for an Inter-State Transmission System project. - Project Details: Integration of Power from RE Projects in Jam Khambhaliya REZ (Phase II - 5500MW) and Jamnagar (Phase I - 1000 MW) in Gujarat, on a Build, Own, Operate and Transfer (BOOT) basis. - Order Value: Discovered tariff of ₹822.91 crore per annum. - LoI Date: Letter of Intent (LoI) received on August 21, 2026.
Governance Positive
2026-08-20 18:22
- The 37th Annual General Meeting was held on August 20, 2026. - Members adopted Audited Financial Statements for FY 2025-26 and approved dividends. - Approved enhancement of borrowing limits from ₹1,80,000 Cr to ₹2,20,000 Cr. - Approved raising funds up to ₹35,000 Cr for FY 2027-28. - Re-appointed directors and appointed Shri Burra Vamsi Rama Mohan as CMD.
Governance Neutral
2026-08-20 13:45
- Shri Amol Babulal Taori was appointed as Director (Finance) and Chief Financial Officer (CFO) of POWERGRID, effective August 20, 2026. - Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the CFO of the company. - Shri Taori's term as Director (Finance) is for a period of 5 years.
Governance Neutral
2026-08-20 13:37
- Shri Amol Babulal Taori (DIN: 11890590) appointed as Additional Director (Director (Finance)) and Chief Financial Officer (CFO) by the Board w.e.f. August 20, 2026. His term as Director (Finance) is for 5 years. - Shri Venkata Subrahamanayam Vallurie ceased to be the CFO. - Dr. Yatindra Dwivedi relinquished additional charge of Director (Finance) on August 18, 2026.
Governance Neutral
2026-08-20 13:31
CRITICAL RED FLAG DETECTED
- Shri Amol Babulal Taori (DIN: 11890590) was appointed as Additional Director (Finance) on August 18, 2026. - On August 20, 2026, he was further appointed as Director (Finance) and Chief Financial Officer (CFO) for a 5-year term. - Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the CFO on August 20, 2026. - Shri Taori brings 30 years of experience in finance, treasury, and international trade, having previously served as Executive Director at HPCL.
Governance Neutral
2026-08-18 15:45
- Shri Amol Babulal Taori has been appointed as Director (Finance) on the Board of Power Grid Corporation of India Limited, effective August 18, 2026, for a term of 5 years. Also, Dr. Yatindra Dwivedi relinquished the additional charge of Director (Finance).
Ownership Neutral
2026-08-18 15:41
- Life Insurance Corporation of India (LIC) acquired 1,909,000 shares of Power Grid Corporation of India Ltd through an open market purchase on August 17, 2026. - This acquisition increased LIC's shareholding from 4.989% to 5.010% of the total share capital, thereby crossing the 5% threshold, as disclosed under SEBI regulations.
Governance Neutral
2026-08-18 15:39
- Shri Amol Babulal Taori (DIN:11890590) appointed as Director (Finance) on the Board of POWERGRID, effective August 18, 2026, for a term of 5 years. - Dr. Yatindra Dwivedi relinquished the additional charge of Director (Finance) post. - The appointment was approved by the Board of Directors on August 18, 2026.
Business Update Positive
2026-08-14 18:56
- The webinar discusses the financial performance for Q1 FY27, highlighting gross fixed assets exceeding ₹3.25 lakh crore and system availability at 99.8%. - PowerGrid commissioned 1,635 circuit kilometers and 10,500 MVA transformation capacity in Q1 FY27, with a capitalization of ₹5,277 crore. - The company secured 6 new transmission projects totaling an annual tariff of about ₹2,200 crore and successfully commissioned the first Synchronous Condenser project in India. - Total work in hand stands at ₹1.75 lakh crore, with a bidding pipeline of ₹1.19 lakh crore and a robust long-term sector outlook of over ₹15 lakh crore. - Q1 FY27 consolidated total income was ₹11,697 crore, with PAT at ₹3,598 crore (compared to ₹3,631 crore in the previous quarter). - Q1 FY27 PAT was negatively impacted by approximately ₹230 crore (YoY) due to non-accrual of interest from differential tariffs and a total regulatory drag of ₹560 crore on revenue. - Equipment supply challenges are easing, and PowerGrid is actively pursuing Battery Energy Storage Systems (BESS) projects following new regulatory amendments. - The company reported strong progress on ESG targets, having achieved its 2025 Renewable Energy target and advancing towards net zero and net water positive goals.
Governance Neutral
2026-08-12 23:10
- Ministry of Power has appointed Shri Amol Babulal Taori, Executive Director (International Trade) of HPCL, as Director (Finance) of POWERGRID. - The appointment is for a period of 5 years, effective from his assumption of charge.
Business Update Neutral
2026-08-07 18:21
- Links to Audio & Video recording of the Investor & Analyst Webinar held on August 7th, 2026, are provided. - Senior Management discussed the company's business and outlook after the declaration of Q1 FY27 financial results.
Business Update Positive
2026-08-07 10:51
- Presentation on Webinar for Investors & Analysts scheduled for 07th August 2026 at 11:00 A.M (IST). - Q1FY27 CAPEX: ₹7,765 crore. - Q1FY27 Capitalization: ₹5,277 crore. - FY27 CAPEX Guidance: ₹37,000 crore. - FY27 Capitalization Guidance: ₹30,000 crore. - Major elements commissioned in Q1FY27 include 1,635 ckm transmission lines and 10,500 MVA transformation capacity. - System Availability for Q1FY27 was 99.80%. - Secured 6 TBCB (ISTS + InSTS) projects in FY27 till July 2026, with an annual tariff exceeding ₹2,200 Crore.
Business Update Positive
2026-08-05 23:22
- Order Win: Power Grid Corporation of India Limited (POWERGRID) has received investment approval for the project to reconductor Tirunelveli - Udumalpet and Pugalur - Madurai 400kV D/c lines with HTLS conductor. - Order Value: The estimated cost of the project is ₹856.94 Crore. - Completion Timeline: Scheduled to be commissioned within 24 months from the date of allocation, i.e., by 11.02.2028.
Governance Neutral
2026-08-05 23:19
- Board of Directors of Power Grid Corporation of India Limited approved the adoption of an amended 'Code of Practices & Procedures for Fair Disclosure of UPSI and Trading in Securities' on August 05, 2026.
Financials Neutral
2026-08-05 22:40
- Consolidated Revenue ₹11,496.72 Cr vs ₹11,196.22 Cr (▲2.68% YoY) - EBITDA ₹9,538.73 Cr vs ₹9,102.30 Cr (▲4.79% YoY) - PAT ₹3,598.42 Cr vs ₹3,630.58 Cr (▼0.89% YoY) - EBITDA Margin 82.97% vs 81.30% (▲167bps)
Financials Neutral
2026-08-05 22:32
- Consolidated Revenue ₹11,496.72 Cr vs ₹11,196.22 Cr (▲2.7% YoY) - EBITDA ₹9,538.73 Cr vs ₹9,102.30 Cr (▲4.8% YoY) - PAT ₹3,598.42 Cr vs ₹3,630.58 Cr (▼0.9% YoY) - EBITDA Margin 83.0% vs 81.3% (▲170bps)
Business Update Positive
2026-08-04 18:52
- Project "Transmission System for evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-H" has been commissioned with effect from July 04, 2026. - The Notification for Commercial Operation (DOCO) was received on August 03, 2026.
Business Update Neutral
2026-08-03 23:41
- Concall Schedule - Concall Date: Friday, 07th August, 2026 - Concall Time: 11:00 A.M. (IST) - Purpose: To discuss financial performance for the 1st quarter ended 30th June, 2026 (FY 2026-27) and business outlook.
Business Update Positive
2026-08-03 19:51
- POWERGRID acquired Krishnagiri REZ Transmission Limited on August 3, 2026, under the Tariff Based Competitive Bidding route. - The acquisition cost was approximately ₹19.82 Crore for 100% shareholding. - The acquired entity is a Project SPV for establishing an Inter-State Transmission system (Krishnagiri REZ Phase-I). - The project involves establishing 2 new 765/400kV Sub-stations and associated transmission lines across Andhra Pradesh, Telangana, and Karnataka.
Governance Neutral
2026-07-31 22:57
- Shri Rajesh Gupta, Executive Director (ED) of POWERGRID, ceased to be ED and Senior Management Personnel on July 31, 2026. - The cessation is due to attaining the age of superannuation.
Governance Neutral
2026-07-30 19:45
- Board Meeting on August 05, 2026, to consider and approve Unaudited Financial Results for Q1 ended June 30, 2026 (FY 2026-27). - Trading Window closed from June 24, 2026, till August 07, 2026, opening on August 08, 2026.
Governance Neutral
2026-07-30 19:44
- Board Meeting on August 05, 2026, to consider and approve Unaudited Financial Results for the first quarter ended June 30, 2026 (FY2026-27). - Trading window closed from June 24, 2026, to August 07, 2026, and will open on August 08, 2026.
Governance Positive
2026-07-29 23:26
- Business Responsibility and Sustainability Report (BRSR) for Power Grid Corporation of India Limited for FY 2025-26. - Details adherence to responsible business conduct principles and stakeholder grievance redressal mechanisms. - Identifies material risks (climate change, biodiversity, waste) and opportunities (water, energy, labor practices) with adaptation/mitigation strategies.
Governance Positive
2026-07-29 23:23
- The 37th Annual General Meeting (AGM) is scheduled for August 20, 2026, to adopt FY2025-26 financials. - The company declared/recommended a total dividend of ₹9.00 per equity share for FY2025-26. - Shareholders will vote on enhancing overall borrowing limits from ₹1,80,000 Cr to ₹2,20,000 Cr.
Governance Positive
2026-07-29 23:10
- Notice of 37th AGM on August 20, 2026, at 11:00 AM (IST) to adopt FY2025-26 financials, declare final dividend. - Proposes to enhance overall borrowing limits from ₹1,80,000 Cr to ₹2,20,000 Cr. - Proposes to enhance domestic market borrowing limits to ₹35,000 Cr for FY2026-27 & FY2027-28. - Appointment of Shri Burra Vamsi Rama Mohan as Chairman and Managing Director.
Financials Positive
2026-07-29 22:39
- Intimation of Record Date for Final Dividend for the Financial Year 2025-26. - The 37th Annual General Meeting (AGM) will be held on Thursday, 20th August, 2026. - The Record Date/Cut-off Date for determining entitlement for the Final Dividend is Thursday, 13th August, 2026. - Final Dividend, if declared, will be paid on or before Wednesday, 16th September, 2026.
Business Update Positive
2026-07-29 20:20
- POWERGRID acquired Bhadla Ramgarh Power Transmission Limited on 29.07.2026 through Tariff Based Competitive Bidding. - The acquisition, valued at approximately ₹12.86 Crore, is for establishing an Inter-State Transmission system in Rajasthan and Uttar Pradesh. - POWERGRID secured 100% shareholding in the target entity, which is yet to start commercial operations.
Governance Neutral
2026-07-23 17:35
- The additional charge for the post of Director (Projects) for Shri Burra Vamsi Rama Mohan, Chairman & Managing Director (CMD), POWERGRID, has been extended. - The extension is for a further period of three months, effective from July 1, 2026. - This arrangement will continue until a regular incumbent assumes charge or until further orders.
Governance Neutral
2026-07-23 16:35
- Additional charge of Director (Projects) for Shri Burra Vamsi Rama Mohan, Chairman & Managing Director, has been extended for three months from July 01, 2026, or until a regular incumbent is appointed/further orders.
Governance Neutral
2026-07-22 23:16
- Board meeting held on July 22, 2026. - Approved enhancement of borrowing limit from ₹30,000 Crore to ₹35,000 Crore for FY 2026-27. - Approved borrowing of funds up to ₹35,000 Crore for FY 2027-28. (Both borrowing proposals are subject to shareholder approval). - Appointed M/s. R. M. Bansal & Co. and M/s. Chandra Wadhwa & Co. as joint Cost Auditors for FY 2026-27.
Governance Neutral
2026-07-22 23:15
- Board approved enhancing borrowing limit for FY 2026-27 from ₹30,000 Crore to ₹35,000 Crore, and up to ₹35,000 Crore for FY 2027-28. These proposals are subject to shareholder approval. - Appointed M/s. R. M. Bansal & Co. and M/s. Chandra Wadhwa & Co. as joint Cost Auditors for FY 2026-27.
Business Update Positive
2026-07-17 19:54
- Order Win: POWERGRID declared as successful bidder for establishing an Inter-State Transmission System project. - Project Details: Involves the installation of 2 Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS on a Build, Own, Operate and Transfer (BOOT) basis. - Letter of Intent: Received on July 17, 2026.
Governance Positive
2026-07-16 22:30
- Board meeting scheduled for July 22, 2026 to consider and approve items, including proposals for enhancing borrowing limits. - Proposals include enhancing borrowing limit from ₹30,000 Cr to ₹35,000 Cr for FY 2026-27 and borrowing up to ₹35,000 Cr for FY 2027-28. - Trading window closed from June 24, 2026, until 48 hours after financial results for the quarter ended June 30, 2026, are declared.
Routine Neutral
2026-07-14 23:10
New Filing detected. See link for details.
Business Update Positive
2026-07-10 16:40
- Order Win: Power Grid Corporation of India Limited (POWERGRID) was declared a successful bidder for the "Transmission System for integration of Krishnagiri REZ Phase-I" project. - Project Scope: Establish 2 new 765/400kV Sub-stations in Andhra Pradesh and construct 765kV & 400kV transmission lines across Andhra Pradesh, Telangana & Karnataka. - Project Basis: Build, Own, Operate and Transfer (BOOT). - Order Value: Not specified. - Completion Timeline: Not specified.
Business Update Positive
2026-07-09 17:31
- Order Win: Power Grid Corporation of India Limited (POWERGRID) has been declared a successful bidder under Tariff Based Competitive Bidding (TBCB) for an Inter-State Transmission System project. - Project Details: The project, named “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)”, will be established on a Build, Own, Operate and Transfer (BOOT) basis. - Project Scope: It comprises augmentation and bay extension works at Bhadla-III S/S (Rajasthan), Ramgarh S/S (Rajasthan) and Kanpur S/S (Uttar Pradesh). - LoI Received: July 09, 2026.
Governance Neutral
2026-07-01 22:07
- Shri Dharambir Kumar, Chief General Manager at POWERGRID, has been promoted to Executive Director (ED) (Senior Management Personnel). - The promotion is effective from July 01, 2026.
Governance Neutral
2026-07-01 13:31
- Dr. Yatindra Dwivedi, Director (Personnel), has been entrusted with the additional charge of Director (Finance). - This arrangement is effective from July 1, 2026, for a period of three months or until a regular incumbent is appointed, whichever is earlier.
Governance Positive
2026-07-01 13:20
- Board of Directors approved the appointment of Shri Venkata Subrahamanayam Vallurie as CFO, effective July 1, 2026. - Smt. Anjana Luthra was appointed as Company Secretary & Compliance Officer, effective June 10, 2026. - Approved SCADA system upgradation for ₹485.04 Cr and an JPY 80 billion unsecured term loan.
Governance Neutral
2026-07-01 11:48
- Shri Ravisankar Ganesan, Director (Finance) & Chief Financial Officer (KMP) of POWERGRID, ceased to be KMP effective 30th June, 2026. - The cessation is due to attaining the age of superannuation.
Governance Neutral
2026-06-30 22:49
- Shri Harinarayanan Puthan Kalam ceased to be Executive Director (ED) and Senior Management Personnel of POWERGRID. - Cessation is effective June 30, 2026, due to attaining the age of superannuation.
Business Update Positive
2026-06-30 22:46
- Order Win: POWERGRID acquired WR ER Part A Power Transmission Limited after being selected as the successful bidder under Tariff Based Competitive Bidding for the 'WR-ER Inter-Regional Network Expansion Scheme Part-A' project. - Acquisition Value: Approximately ₹18.62 Crore. - Project Scope: Establishment of 2 new 765/400kV Sub-stations and extension of existing Sub-stations, along with 765kV & 400kV transmission lines across Jharkhand, Chhattisgarh, and Odisha. - Acquisition Date: June 30, 2026.
Business Update Positive
2026-06-29 19:21
- Power Grid Corporation of India Limited (POWERGRID) acquired Kakinada I Transmission Limited (KITL) through a Tariff Based Competitive Bidding route, emerging as the successful bidder. - KITL is a Project SPV established to set up a transmission system for proposed Green Hydrogen/Green Ammonia projects in Kakinada area (Phase-I). - The project involves a new 765/400kV GIS Sub-station, STATCOM, and 765kV transmission line works in Andhra Pradesh. - The acquisition cost is approximately ₹20.50 Crore for 100% shareholding, subject to adjustment post-audited accounts.
Business Update Positive
2026-06-27 08:49
- Commissioning of 'Transmission scheme for Solar Energy Zone' in Ananthpuram (2500 MW) and Kurnool (1000 MW), Andhra Pradesh. - Project commissioned effective June 24, 2026. - Notification for Commercial Operation (DOCO) received on June 26, 2026.
Business Update Neutral
2026-06-26 15:46
- On June 26, 2026, the 'Committee of Directors for Bonds' approved the General Information Document (GID). - This GID is for the issuance of POWERGRID Debentures/Bonds for the fiscal year 2026-27 on a Private Placement basis.
Business Update Positive
2026-06-26 15:32
- Board approved increasing borrowing limits from ₹1,80,000 Cr to ₹2,20,000 Cr, raising up to USD 500 mn via External Commercial Borrowings, and a ₹772.65 Cr investment for Udumalpet – Madurai 400kV line upgradation to be completed by August 2028.
Governance Positive
2026-06-26 15:28
- Board approved enhancement of borrowing limits from ₹1,80,000 Crore to ₹2,20,000 Crore, subject to AGM approval. - Approved raising foreign currency funds up to USD 500 million through External Commercial Borrowings from Bank of Baroda. - Approved investment of ₹772.65 Crore for Udumalpet – Madurai 400kV line upgrade, to be implemented within 30 months by 11th August, 2028.
Governance Positive
2026-06-23 18:55
- Board Meeting scheduled for Friday, 26th June 2026. - Agenda includes considering and approving raising foreign currency funds up to USD 500 million through External Commercial Borrowings (ECB). - Also, to consider approval of "General Information Document" for issuance of Debentures/Bonds for FY 2026-27. - Trading window will be closed from 24th June 2026 until 48 hours after the declaration of financial results for the quarter ending 30th June 2026.
Routine Neutral
2026-06-23 15:45
- The trading window for the Company will remain closed from June 24, 2026. - This closure is for the consideration and approval of a General Information Document for the issuance of POWERGRID Debentures. - It will also remain closed until 48 hours after the declaration of financial results for the quarter ending June 30, 2026.
Business Update Neutral
2026-06-23 15:36
- Meeting of "Committee of Directors for Bonds" on June 26, 2026. - To approve General Information Document (GID) for issuance of POWERGRID Debentures/Bonds. - Issuance for FY 2026-27 on a Private Placement basis.
Business Update Positive
2026-06-16 23:29
- Order Win: POWERGRID declared as successful bidder for "WR-ER Inter-Regional Network Expansion Scheme Part-A". - Project Details: Establishment of 2 new 765/400kV Sub-stations in Jharkhand & Chhattisgarh, extension of existing Sub-stations in Chhattisgarh & West Bengal, and construction of 765kV & 400kV transmission lines across Jharkhand, Chhattisgarh & Odisha. - Project Basis: Inter-State Transmission System on Build, Own, Operate and Transfer (BOOT) basis. - Letter of Intent (LoI) received on June 16, 2026.
Business Update Positive
2026-06-12 19:28
- Order Win: POWERGRID declared successful bidder under Tariff Based Competitive Bidding (TBCB). - Project Details: To establish an Inter-State Transmission System for proposed Green Hydrogen / Green Ammonia projects in Kakinada area (Phase-I) on Build, Own, Operate and Transfer (BOOT) basis. - Project Scope: Includes a new 765/400kV GIS Sub-station along with STATCOM and 765kV transmission line works in Andhra Pradesh. - LoI Received: 12th June, 2026.
Governance Negative
2026-06-10 20:00
CRITICAL RED FLAG DETECTED
- Shri Satyaprakash Dash has resigned as the Company Secretary & Compliance Officer of POWERGRID, effective from June 10, 2026. - The resignation is attributed to other assignments within the Finance Department.
Governance Positive
2026-06-10 19:46
- Board approved upgradation of SCADA systems at an estimated cost of ₹485.04 Crore. - Approved availing Unsecured Term Loan Facility of JPY 80 billion from JBIC. - Smt. Anjana Luthra appointed as Company Secretary & Compliance Officer effective June 10, 2026. - Shri Venkata S V appointed as Chief Financial Officer (CFO) effective July 01, 2026.
Governance Positive
2026-06-10 19:44
- Board approved upgradation of SCADA and Associated Systems for ₹485.04 Crore. - Approved availing Unsecured Term Loan Facility of JPY 80 billion from JBIC. - Appointed Smt. Anjana Luthra as Company Secretary & Compliance Officer (w.e.f. June 10, 2026). - Appointed Shri Venkata S V as Chief Financial Officer (w.e.f. July 1, 2026).
Governance Neutral
2026-06-04 19:02
- A Board Meeting of POWERGRID is scheduled for Wednesday, June 10, 2026. - The agenda includes considering a proposal for 'Fund Raising through Unsecured Term Loan Facility'. - The trading window for the company will remain closed from June 05, 2026, to June 12, 2026 (both days inclusive).
Governance Neutral
2026-06-04 19:01
- Board meeting scheduled on June 10, 2026, to consider fund-raising via unsecured term loan facility. - Trading window for insiders will be closed from June 5 to June 12, 2026.
Business Update Positive
2026-06-03 22:15
- POWERGRID has successfully commissioned the 'Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-B' project. - The project was commissioned with effect from May 13, 2026. - Confirmation for Commercial Operation (DOCO) was received on June 03, 2026.
Governance Positive
2026-06-01 21:12
- Shri Sunil Kumar, Chief General Manager, has been promoted as Executive Director (ED) (Senior Management Personnel) at POWERGRID. - The promotion is effective from 01st June, 2026.
Governance Neutral
2026-05-31 19:30
Power Grid Corporation of India Limited announced the cessation of Shri Mohammad Quamrul Huda, Executive Director (ED) and Senior Management Personnel, due to superannuation, effective May 31, 2026.
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.

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