Power Grid Corporation of India Limited has informed the exchanges of a significant corporate restructuring event. This disclosure is made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

The Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs, issued two separate Confirmation Orders (Sec 233/AC5797011/RD Delhi & Sec 233/AC5816474/RD Delhi), both dated 02nd November, 2026. These orders confirm the respective schemes of merger or amalgamation for the merger/amalgamation of 28 (Twenty-eight) wholly owned subsidiary companies (Transferor Companies) into 2 (two) other wholly owned subsidiary companies (Transferee Companies).

The schemes became active from 02nd November, 2026 (the Second Day of November Two Thousand Twenty Six), as per the orders.

This disclosure is a continuation of a previous letter dated 19th March, 2026. The Board of Directors of POWERGRID, in its meeting held on 19th March, 2026, had accorded approval for this merger/amalgamation. This approval was in supersession of an earlier proposal approved by the Board in its meeting on 20th December, 2025, which involved the merger/amalgamation of 11 (eleven) WOS into 2 (two) other WOS. The current approval expanded the scope to 28 WOS.

The stated rationale for the merger, as per the 20th December, 2025 letter, is to consolidate the business for the creation of larger unified entities, reduce the number of entities within the group to achieve operational and management efficiencies, and simplify administrative tasks and the organizational structure.

The approval was subject to the approval of any Statutory/ Regulatory/ Government Authorities or Institutions as may be applicable or required, which has now been received from the MCA.

Annexure Details

The annexure provides a detailed list of the Transferor and Transferee Companies involved in the two separate schemes confirmed by the MCA.

Scheme confirmed by Order No. Sec 233/AC5797011/RD Delhi:

  • Transferee Company: POWERGRID Ghiro Transmission Limited
  • Transferor Companies (17):

1. POWERGRID Kudakulam Transmission Limited

2. POWERGRID Ball Transmission Limited

3. POWERGRID Bikaner IV Transmission Limited

4. POWERGRID Siwan Transmission Limited

5. POWERGRID Faghugh Baugh Autotation Transmission Limited

6. POWERGRID Ramgarh Transmission Limited

7. POWERGRID Bhadla Transmission Limited

8. POWERGRID Faghugh Transmission Limited

9. POWERGRID System Bikaner Transmission Limited

10. POWERGRID Nare Transmission Limited

11. POWERGRID System Khetri Transmission Limited

12. POWERGRID Ajmer Transmission Limited

13. POWERGRID Varanasi System Transmission Limited

14. POWERGRID Nemuch System Transmission Limited

15. POWERGRID Mithila Hall Transmission Limited

16. POWERGRID Medinipur Jeerat Transmission Limited

17. POWERGRID Mha Renwa Transmission Limited

Scheme confirmed by Order No. Sec 233/AC5816474/RD Delhi:

  • Transferee Company: POWERGRID Sohna Old Transmission Limited
  • Transferor Companies (11):

1. POWERGRID Sirohi Transmission Limited

2. POWERGRID Mandsaur Transmission Limited

3. POWERGRID Mewar Transmission Limited

4. POWERGRID Beawar-Mandsaur Transmission Limited

5. POWERGRID Kurawar Transmission Limited

6. POWERGRID Sirohi Khandwa Transmission Limited

7. POWERGRID ERNER Transmission Limited

8. POWERGRID Chiddu Bella Transmission Limited

9. POWERGRID Kul-III-CPETA Transmission Limited

10. POWERGRID Ja Khabhaliya Transmission Limited

11. POWERGRID Bakatgh Autotation Transmission Limited