POWERGRID has submitted a regulatory filing under SEBI LODR Regulations 29(1)(d) and 50(1)(d) to inform about an upcoming Board of Directors meeting.
The meeting is scheduled for Wednesday, 22nd July, 2026 to consider and approve the following agenda items:
- Proposal for enhancement of borrowing limit: Increase from ₹30,000 Crore to ₹35,000 Crore during the financial year 2026-27. The borrowing will be through various sources including Domestic Bonds (Secured/unsecured, non-convertible, non-cumulative, redeemable, taxable/tax-free under private placement).
- Proposal for borrowing of funds: Up to ₹35,000 Crore during the financial year 2027-28 through various sources including Domestic Bonds (Secured/unsecured, non-convertible, non-cumulative, redeemable, taxable/tax-free under private placement).
The disclosure explicitly states that all board approvals for these agenda items are subject to approval of shareholders in the ensuing Annual General Meeting.
Additionally, the company's 'Trading Window' has been closed since Wednesday, 24th June, 2026 and will remain closed until 48 hours after the declaration of financial results for the quarter ended 30th June, 2026.
The filing was signed by Anjana Luthra, Company Secretary & Compliance Officer, on 16th July, 2026 at 22:26:48 +05'30'.