NHPC Limited held its 50th Annual General Meeting (AGM) on Friday, August 28, 2026, at 11:30 A.M. IST through Video Conference (VC)/ Other Audio-Visual Means (OAVM). The meeting commenced at 11:30 A.M. and concluded at 01:15 P.M. IST, with 248 shareholders in attendance.

The meeting was conducted in compliance with the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). Electronic voting facilities were provided through the remote e-voting system of National Securities Depository Limited (NSDL), as well as e-voting during the AGM itself. Shri Amit Kaushal of M/s A. Kaushal & Associates, Company Secretaries, was appointed as Scrutinizer to oversee the e-voting process.

Shri Bhupender Gupta, Chairman & Managing Director, chaired the meeting. Other directors present included the chairpersons of the Audit Committee, Nomination & Remuneration Committee, Stakeholders' Relationship Committee, Risk Management Committee, and the Committee of Directors on Corporate Social Responsibility (CSR) & Sustainability. The company's auditors were also present via VC/OAVM.

The following business items from the notice of AGM dated July 30, 2026, were transacted through e-voting:

Ordinary Businesses:

1. Receipt, consideration, and adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with the reports of the Board of Directors, Auditors, and Comments of the Comptroller & Auditor General of India.

2. Confirmation of payment of interim dividend and declaration of final dividend for the financial year 2025-26.

3. Appointment of a director in place of Shri Sanjay Kumar Singh, Director (Projects) (DIN: 10718481), who retires by rotation and offered himself for re-appointment for the remaining term at the pleasure of the President of India.

4. Authorization for the Board of Directors to fix the remuneration of the Joint Statutory Auditors for the financial year 2026-27.

Special Businesses:

5. Appointment of Shri Bhupender Gupta (DIN: 06940941) as Chairman & Managing Director of the Company.

6. Appointment of Shri Mahesh Kumar Sharma (DIN: 11306355) as Director (Finance) of the Company.

7. Appointment of Shri Diwakar Nath Misra (DIN: 07464700), Additional Secretary, Ministry of Power, as a Government Nominee Director of the Company.

8. Increase of borrowing limit of the Company from ₹60,000 Crore to ₹70,000 Crore.

9. Creation of Mortgage and/or charge over the movable and immovable properties of the Company.

10. Appointment of Dr. Bernadette Lyngdoh (DIN: 11836182) as an Independent Director of the Company.

11. Appointment of Shri Paresh Rasiklal Ranpara (DIN: 10183476) as Director (Personnel) of the Company.

During the meeting, registered speaker shareholders asked questions on future plans, CAPEX, financial position, women empowerment measures, CSR activities, dividend, upcoming projects, and safety measures, which were responded to by the management. Shareholders appreciated the Chairman & Managing Director, Board Members, Corporate Governance Practices, and Investor Support Services of the Company.

The Chairman thanked all members for their participation and informed that voting would continue until 15 minutes after the conclusion of the meeting. The results of the electronic voting (remote e-voting and e-voting during AGM) were to be declared within two working days from the conclusion of the AGM and uploaded on the company's website and NSDL's website, with simultaneous intimation to stock exchanges.