POWERGRID Board to Consider $500 Million ECB

Board Meeting Agenda

• Meeting scheduled: Friday, 26th June, 2026
• Primary agenda: Consider and approve raising foreign currency funds through External Commercial Borrowings (ECB) up to USD 500 million ($500 mn)
• Funding sources: Domestic/Foreign Banks

Trading Window Closure Details

• Closure period: From Wednesday, 24th June, 2026 until 48 hours after declaration of financial results for quarter ending 30th June, 2026
• Reason: Consideration and approval of General Information Document (GID) for issuance of POWERGRID Debentures (Debt Securities/Bonds)
• Issuance structure: One or more tranches through one or more issuances for fiscal year 2026-27
• Placement method: Private Placement basis
• Approving authority: Committee of Directors for Bonds

Financial Impact

Fundraising proposal of $500 million through ECB, subject to board approval. Specific financial terms, interest rates, and repayment schedule not disclosed in this filing.