NSEOutcome of Board Meeting26 Jun 2026 · 26 Jun 2026, 03:33 pm

Outcome of Board Meeting

Power Grid Corporation of India Limited · POWERGRID

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Power Grid Corporation of India Limited has informed the Exchange regarding Investment approved by the Board of Directors of POWERGRID. The Board has approved proposals for Enhancement of Borrowing Limits, Raising foreign currency funds through External Commercial Borrowings, and Investment approval for Upgradation / Conversion of Udumalpet – Madurai 400kV S/c line to Udumalpet – Madurai 400kV (quad) D/c line.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Power Grid Corporation of India Limited has informed the Exchange regarding Investment approved by the Board of Directors of POWERGRID.

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POWERGRID1_26062026153243_BoardOutcome.pdf

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26th June, 2026 To To The General Manager (Listing), The General Manager (Listing), National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (East), Mumbai. Reference: NSE SCRIP ID: POWERGRID; BSE Scrip Code: 532898 EQ – ISIN INE752E01010 Subject: Outcome of the Board Meeting of POWERGRID held on Friday, 26th June, 2026 Dear Sir, In pursuance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘SEBI LODR’), the Board of POWERGRID (“the Company”), at its meeting held today i.e. 26th June, 2026, has inter-alia considered and approved the following: i. Proposal for Enhancement of Borrowing Limits from ₹1,80,000 Crore to ₹2,20,000 Crore subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. ii. Raising foreign currency funds through External Commercial Borrowings (ECB) up to USD five hundred million ($500 mn) from Bank of Baroda; and iii. Investment approval for “Upgradation / Conversion of Udumalpet – Madurai 400kV S/c line to Udumalpet – Madurai 400kV (quad) D/c line” at an estimated cost of ₹772.65 Crore, scheduled to be implemented within 30 months from the date of allocation i.e. by 11th August, 2028. The Board Meeting commenced at 1:30 P.M. and concluded at 03:00 P.M. Thanking You, Yours faithfully, (Anjana Luthra) Company Secretary & Compliance Officer के(cid:574)ीय काया(cid:330)लय: "सौदािमनी", (cid:600)ॉट नंबर 2, से(cid:387)र -29, गु(cid:348)(cid:356)ाम -122001, (ह(cid:303)रयाणा) दूरभाष: 0124-2822999 & 2822000 Corporate Office: “Saudamini”, Plot No. 2, Sector-29, Gurugram-122001, (Haryana) Tel.: 0124-2822999 & 2822000 पंजीकृत काया(cid:330)लय: बी -9, कुतुब इं(cid:720)ी(cid:488)ूशनल ए(cid:303)रया, कटवा(cid:303)रया सराय, नई िद(cid:671)ी -110 016. दूरभाष: 011-26560112, 26560115 & 26560193, CIN: L40101DL1989GOI038121 Registered Office: B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110 016. Tel: 011-26560112, 26560115 & 26560193, CIN : L40101DL1989GOI0381 21 Website: www.powergrid.in