POWERGRID
Power Grid Corporation of India Limited
NSELast Traded Price
₹290.55
-12.35 (-4.11%)
Open
₹303
High
₹303
Low
₹285.45
Prev Close
₹300.15
Industry
Power - Transmission
Market Cap
267671.38 Cr
Filing History
Recent corporate announcements and filings for POWERGRID
Business Update
Positive
2026-05-29 18:56
Power Grid Corporation of India Limited (POWERGRID) acquired 100% shareholding in Tumkur II RE Transmission Limited (TRETL) for approximately ₹15.46 Crore on May 29, 2026. TRETL is a Project SPV established to build a 400 kV D/c Transmission Line in Karnataka for strengthening the transmission system to integrate an additional 2.7 GW of renewable energy potential. This acquisition was made under the Tariff Based Competitive Bidding route.
Governance
Negative
2026-05-28 18:05
CRITICAL RED FLAG DETECTED
POWERGRID received notices from BSE and NSE dated May 27, 2026, for non-compliance with Regulation 17(1) of SEBI LODR regarding the composition of its Board during the quarter ended March 31, 2026. Fines of Rs. 5,31,000/- (incl. GST) each were imposed. The company, being a Government entity, stated that director appointments rest with the President of India and the matter has been taken up with the Ministry of Power. POWERGRID has requested a waiver of the fines.
Business Update
Positive
2026-05-25 15:53
POWERGRID reported strong operational performance with over 99.75% system availability and achieved CapEx of ₹40,000 Cr for FY26, surpassing earlier guidance. Management guided for CapEx of approximately ₹37,000 Cr for FY27 and ₹40,000-45,000 Cr for FY28. Capitalization is projected at ₹30,000 Cr for FY27 and up to ₹35,000 Cr for FY28, with potential for further upgrades. Growth drivers include India's energy transition, a robust order pipeline of ₹1.7 lakh Cr works in hand and ₹1.1 lakh Cr projects under bidding, and new opportunities in Battery Energy Storage Systems (BESS) and international PPP projects. The company anticipates significantly better earnings growth and top-line expansion in the next three years.
Business Update
Neutral
2026-05-19 00:59
POWERGRID informed about the Analysts' & Institutional Investors' Meet held on May 18, 2026. Senior Management discussed the company's business and outlook post the declaration of audited financial results for the 4th quarter and financial year ended March 31, 2026. The filing provides audio and video recording links for the meet.
Governance
Neutral
2026-05-16 15:51
Smt. Sajal Jha, a Non-Official Director (Independent Director) of POWERGRID, ceased to be on the Board from May 15, 2026, following the completion of her tenure. This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Neutral
2026-05-16 15:47
Power Grid Corporation of India Limited (POWERGRID) informed that Smt. Sajal Jha, a Non-Official Director (Independent Director), ceased to be on the Board effective May 15, 2026, following the completion of her tenure. This disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Positive
2026-05-16 15:46
POWERGRID announced the promotion of three Chief General Managers, Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, to the position of Executive Director (Senior Management Personnel, one level below the Board), effective May 15, 2026.
Business Update
Positive
2026-05-15 21:19
POWERGRID's Committee of Directors on Investment on Projects has approved three new proposals totaling ₹584.13 Crore. This includes the augmentation of Tuticorin-II GIS Sub Station at an estimated cost of ₹132.06 Crore (commissioned by Feb 2028), and the installation of OPGW & associated communication systems on existing ISTS lines in the WR Region (₹308.49 Crore) and ER Region (₹143.58 Crore), both scheduled for commissioning within 30 months from Sept 2028.
Governance
Positive
2026-05-15 20:17
POWERGRID's Board of Directors met on May 15, 2026, approving the Audited Financial Results for FY26 with an unmodified opinion. The board recommended a final dividend of Rs. 1.25 per equity share, bringing the total dividend for FY26 to Rs. 9.00 per share, including previous interim dividends. Additionally, the company approved raising funds up to Rs. 5,000 Crore via unsecured rupee term loans/lines of credit.
Financials
Negative
2026-05-15 19:50
Consolidated Revenue ₹11,665.61 Cr vs ₹12,275.35 Cr (▼4.96% YoY), EBITDA ₹9,065.61 Cr vs ₹10,223.60 Cr (▼11.32% YoY), PAT ₹4,546.33 Cr vs ₹4,142.87 Cr (▲9.73% YoY). EBITDA Margin 77.71% vs 83.28% (▼557bps). The company recommended a final dividend of ₹1.25 per share, bringing the total dividend for FY2025-26 to ₹9.00 per share, and approved raising up to ₹5,000 Crore through unsecured rupee term loans.
Business Update
Neutral
2026-05-12 21:19
Power Grid Corporation of India Limited announced an Analysts' & Institutional Investors' Meet on Monday, 18th May, 2026, at 11:30 A.M. (IST) in Mumbai. Senior Management will discuss the company's business and outlook following the declaration of audited financial results for the 4th quarter and financial year ended 31st March, 2026, and will interact with analysts and investors.
Financials
Neutral
2026-05-08 18:58
POWERGRID's Board Meeting to consider Audited Financial Results for the Financial Year ended March 31, 2026, and recommend a Final Dividend for FY26, has been pre-poned from May 16, 2026, to May 15, 2026. The trading window will remain closed till May 17, 2026, and will open on May 18, 2026.
Governance
Neutral
2026-05-06 12:50
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, and to recommend a final dividend for FY 2025-26. The trading window remains closed from March 31, 2026, until May 18, 2026, reopening on May 19, 2026.
Governance
Positive
2026-04-30 11:52
The Board of Directors of POWERGRID, in its meeting held on April 30, 2026, approved the raising of funds up to Rs. 4,000 Crore through an Unsecured Rupee Term Loan/Line of Credit (Bank Facility) from State Bank of India.
Routine
Neutral
2026-04-22 22:21
New Filing detected. See link for details.
Governance
Neutral
2026-04-16 11:52
Shri Shiv Tapasya Paswan and Shri Rohit Vaswani ceased to be Non-Official (Independent) Directors of POWERGRID on April 15, 2026, upon completion of their respective tenures as per the Ministry of Power's order dated April 16, 2025.
Governance
Negative
2026-04-16 11:51
CRITICAL RED FLAG DETECTED
Power Grid Corporation of India Limited informed that Shri Shiv Tapasya Paswan and Shri Rohit Vaswani ceased to be Non-Official (Independent) Directors on the Board effective April 15, 2026, due to the completion of their tenures.
Governance
Neutral
2026-04-16 11:47
Two Independent Directors, Shri Shiv Tapasya Paswan and Shri Rohit Vaswani, completed their tenure and ceased to be on POWERGRID's Board from April 15, 2026, as per Ministry of Power orders.
Governance
Neutral
2026-04-06 22:04
Shri Burra Vamsi Rama Mohan, CMD of POWERGRID, has been given additional charge for the post of Director (Projects) for a period of three months, effective April 1st, 2026, or until a regular incumbent takes over, as per Ministry of Power order dated April 6th, 2026.
Routine
Neutral
2026-04-06 15:35
Power Grid Corporation of India Limited submitted the Regulation 74(5) certificate from KFin Technologies Limited for the quarter ended March 31, 2026. The certificate confirms the details of securities dematerialized/rematerialized have been furnished to stock exchanges.
Business Update
Positive
2026-04-01 22:36
POWERGRID was declared a successful bidder under Tariff Based Competitive Bidding for the 'Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)' project on BOOT basis. The project, involving a 400 kV D/c Transmission Line in Karnataka, secured an LoI on April 1, 2026.
Business Update
Positive
2026-04-01 18:51
Transcript of webinar for analysts and investors held on March 23, 2026. Power Grid Corporation of India Limited discussed business updates, revising FY26 Capex guidance to over ₹35,000 crore and committing to capitalization exceeding ₹25,000 crore for the financial year.
Governance
Positive
2026-04-01 18:25
POWERGRID announced the promotion of Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar from Chief General Manager(s) to Executive Director (ED), effective April 1, 2026. These promotions are for Senior Management Personnel positions.
Governance
Positive
2026-04-01 12:48
The Board approved the appointment of Shri Burra Vamsi Rama Mohan, Director (Projects), as Chairman & Managing Director (CMD) of POWERGRID, effective 01st April, 2026. He assumed charge on the same date.
Routine
Neutral
2026-04-01 10:33
New Filing detected. See link for details.
Routine
Neutral
2026-04-01 10:31
New Filing detected. See link for details.
Governance
Neutral
2026-03-31 19:25
Power Grid Corporation of India Limited announced the cessation of Shri Ashwani Kumar Gupta and Shri Jasbir Singh, Executive Directors (Senior Management Personnel), from their positions effective March 31, 2026, due to superannuation.
Business Update
Positive
2026-03-27 18:52
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 22:40
POWERGRID has provided a link to the video recording of the webinar for Analysts & Investors held on March 23, 2026. The webinar covered the Company's business update and interaction with stakeholders.
Business Update
Neutral
2026-03-23 22:27
POWERGRID filed the audio recording of its webinar for Analysts & Investors held on March 23, 2026. Senior Management discussed the company's business update and interacted with participants. The recording link is provided for access.
Routine
Neutral
2026-03-23 15:44
The trading window for POWERGRID will be 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 10:47
Power Grid Corporation of India Limited submitted a presentation for a webinar held on March 23, 2026, for investors and analysts. The presentation provides a business update, focusing on growth visibility, resilient earnings, strategic expansion, capex guidance, and long-term value creation, highlighting a structural transmission capex upcycle.
Business Update
Positive
2026-03-19 23:40
On March 19, 2026, the Board approved the merger of 28 wholly owned subsidiaries into 2 other WOS, superseding a prior proposal for 11 WOS. This aims to consolidate business, achieve operational efficiencies, and simplify the organizational structure, subject to regulatory approvals.
Business Update
Positive
2026-03-19 23:39
POWERGRID's Board of Directors approved an investment of ₹705.30 Crore on March 19, 2026, for the procurement of cold spare Transformers & Reactors. The project is scheduled for implementation within 30 months.
Business Update
Neutral
2026-03-17 18:26
Power Grid Corporation of India Limited will hold a webinar for analysts and investors on Monday, 23rd March 2026, at 11:00 A.M. (IST) to provide a business update.
Business Update
Positive
2026-03-16 19:09
POWERGRID's Board Meeting on March 19, 2026, will consider merging 28 wholly-owned subsidiaries into 2. The trading window will be closed from March 17 to March 21, 2026, reopening on March 22, 2026.
Business Update
Positive
2026-03-12 18:48
POWERGRID acquired NES Pune East New Transmission Limited (NPENTL) on March 12, 2026, for approximately ₹8.05 Crore (100% shareholding). This acquisition, under the TBCB route, is for establishing a network expansion scheme in Maharashtra.
Governance
Positive
2026-03-09 20:27
POWERGRID's board on Mar 09, 2026, approved raising ₹5,000 Cr loan, ₹233.96 Cr investment for a Security Operations Center, divestment of CTUIL stake, and a strategic alliance for a transmission project in Uganda.
Governance
Neutral
2026-03-03 23:06
POWERGRID's Board of Directors will meet on March 09, 2026, to consider fund raising via unsecured rupee term loan/line of credit. The trading window will remain closed from March 04 to March 11, 2026.
Governance
Positive
2026-03-02 18:54
POWERGRID announced that SEBI, vide its letter dated March 02, 2026, has granted the company relaxation from compliance with Regulation 102, 17(10), and 25(4)(a) & 25(4)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Negative
2026-02-28 20:43
CRITICAL RED FLAG DETECTED
Powergrid received notices from BSE & NSE on Feb 27, 2026, for non-compliance with SEBI LODR Regulation 17(1) (Board composition) for Q3 FY25, incurring fines of ₹5,42,800 (incl. GST) each. The company is seeking a waiver from the stock exchanges.
Business Update
Positive
2026-02-24 22:17
Cabinet Committee on Economic Affairs approved enhanced delegation to POWERGRID on Feb 24, 2026, increasing the permissible equity investment limit from Rs. 5,000 Cr to Rs. 7,500 Cr per subsidiary to enable investment expansion and participation in large projects.
Business Update
Positive
2026-02-24 18:23
POWERGRID Narela Transmission Limited, a wholly-owned subsidiary, has successfully commissioned the Inter-State Transmission System for 8.1 GW solar power in Rajasthan, effective 07th December, 2025. The Notification for Commercial Operation (DOCO) was received on 24th February, 2026.
Routine
Neutral
2026-02-12 22:59
New Filing detected. See link for details.
Routine
Neutral
2026-02-12 22:56
New Filing detected. See link for details.
Business Update
Positive
2026-02-11 22:21
POWERGRID declared successful bidder for the "Network Expansion scheme in Maharashtra" project to establish an Intra-State Transmission System on BOOT basis. The Letter of Intent was received on 11th February 2026.
Financials
Positive
2026-02-09 23:19
Power Grid Corporation of India Limited's Analysts' Meet on Feb 2, 2026, discussed Q3 FY2025-26 unaudited financial results. The company reported exceeding 9-month CAPEX targets (₹26,761 Cr vs ₹17,651 Cr previous year), aiming to surpass ₹32,000 Cr for FY26, and crossed ₹3 trillion in gross fixed assets.
Routine
Neutral
2026-02-03 20:03
New Filing detected. See link for details.
Business Update
Neutral
2026-02-02 23:14
POWERGRID held an Analysts' & Institutional Investors' Meet on February 2, 2026, where Senior Management discussed the company's business and outlook after the declaration of Q3 FY2026 financial results. Audio and video recording links of the meet are provided.
Business Update
Positive
2026-02-02 18:10
POWERGRID's wholly-owned subsidiary, POWERGRID Khavda II-C Transmission Limited, successfully commissioned its 'Transmission scheme for evacuation of 4.5GW RE injection at Khavda PS under Phase-II, Part C' project on January 31, 2026. Notification for Commercial Operation was received on February 02, 2026.
Business Update
Positive
2026-02-02 11:53
POWERGRID announced an Investor Presentation for Q3FY26 & 9MFY26 held on Feb 2, 2026. Key highlights include exceeding FY26 Capex guidance, international expansion through Africa50, entry into BESS with a first win, and renewables accounting for 50% of total power consumption.
Governance
Neutral
2026-01-31 00:23
POWERGRID's Board approved the withdrawal of its Nominee Director from PTC India Limited and relinquished all promoter rights in PTC, effective January 30, 2026. This action is in pursuance of a Ministry of Power memorandum dated January 16, 2026.
Business Update
Positive
2026-01-31 00:16
POWERGRID's Committee of Directors approved on Jan 30, 2026, an investment of ₹173.14 Crore for augmenting a 1x500 MVA ICT at Thrissur VSC HVDC Station in Kerala. The project is scheduled for commissioning by August 21, 2027.
Financials
Positive
2026-01-30 22:52
The Board approved un-audited financial results for Q3 FY26, declared a 2nd Interim Dividend of Rs. 3.25 per share (Record Date: Feb 9, 2026, Payment Date: Feb 27, 2026), and approved borrowing up to Rs. 32,000 Crore for FY 2025-26.
Routine
Neutral
2026-01-30 21:49
New Filing detected. See link for details.
Business Update
Neutral
2026-01-27 16:20
POWERGRID will host an Analysts' & Institutional Investors' Meet on Monday, 2nd February, 2026, at 12:00 Noon in Mumbai. Senior management will discuss the company's business and outlook following the declaration of its Q3 & nine-month financial results ended 31st December, 2025.
Governance
Positive
2026-01-25 21:52
The Board of Directors approved the promotion/appointment of nine senior level officials as Executive Directors (ED) (Senior Management Personnel - one level below the Board) effective 25th January, 2026.
Governance
Positive
2026-01-25 21:44
The Board of Directors, at its meeting on January 25, 2026, approved the promotion and appointment of nine senior level officials as Executive Directors (Senior Management Personnel) with effect from the same date.
Financials
Neutral
2026-01-23 17:42
Board meeting on Jan 30, 2026, to consider Q3 FY2026 unaudited financial results and 2nd interim dividend for FY 2025-26. Record Date for dividend, if declared, will be Feb 09, 2026. Trading window closed till Feb 01, 2026.
Governance
Neutral
2026-01-23 17:39
POWERGRID announced a Board Meeting on January 30, 2026, to consider the unaudited financial results for Q3 and nine months ended December 31, 2025, and a potential 2nd Interim Dividend. The Record Date for the dividend, if declared, will be February 09, 2026.
Business Update
Positive
2026-01-20 20:02
POWERGRID's Committee of Directors on Investment on Projects approved investments totaling ₹913.99 crore for procuring cold spare Transformers & Reactors for WRPC, NERPC, and SRPC. The projects are scheduled for implementation within 30 months from January 20, 2026.
Routine
Positive
2026-01-16 23:08
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).