Shareholders meeting

20th August, 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 Sub.:Summary of Proceedings of the 37th Annual General Meeting held on 20th August, 2026. Dear Sir, In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the summary of proceedings of the 37th Annual General Meeting of POWERGRID held on Thursday, 20th August, 2026 at 11:00 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) is enclosed please. Thanking You. Yours faithfully, (Anjana Luthra) Company Secretary & Compliance Officer Encl: As above Corporate Office: “Saudamini”, Plot No. 2, Sector-29, Gurugram-122001, (Haryana) Tel.: 0124-2822999 & 2822000 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 POWER GRID CORPORATION OF INDIA LIMITED SUMMARY OF PROCEEDINGS OF 37TH ANNUAL GENERAL MEETING OF THE MEMBERS OF POWER GRID CORPORATION OF INDIA LIMITED HELD ON THURSDAY, 20TH AUGUST, 2026 AT 11:00 A.M. (IST) THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) Date & Time of the Annual General Meeting (“AGM” / “Meeting”) of POWERGRID: Thursday, 20th August, 2026 at 11:00 A.M. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”). The Meeting was held in compliance with the applicable provisions of the Companies Act, 2013 and Rules made thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and relevant Circulars issued by the Ministry of Corporate Affairs and SEBI from time to time. A total of 181 Members attended the Meeting through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”). Shri Burra Vamsi Rama Mohan, Chairman & Managing Director (“Chairman”) took the Chair. The Directors present included the Chairman of the Audit Committee and Stakeholders’ Relationship Committee. The Company Secretary welcomed the Members, Directors, Representatives of Hon’ble President of India from Ministry of Power and Ministry of Development of North Eastern Region, Statutory Auditors, Cost Auditors, Secretarial Auditors and the Scrutinizer. Quorum being present in accordance with the provisions of the Companies Act, 2013, the Chairman called the Meeting to order. Thereafter, (i) With the consent of all the Members, the Company’s accounts for the financial year 2025-26, along with the Directors’ and Auditors’ Reports, the letter to shareholders, and the Management’s Discussion & Analysis were taken as read. (ii) The Chairman delivered his speech to the Members. (iii) The Company Secretary informed that the report of the Statutory Auditors’ on the Audited Standalone and Consolidated Financial Statements of POWERGRID for the financial year ended 31st March, 2026, does not contain any qualification/ observation/ comment, which may have an adverse effect on the financial reporting of POWERGRID. With the permission of Members and Chairman, the same were taken as read. (iv) The Company Secretary explained the process for voting through electronic voting system (Insta poll) facility made available at the AGM. (v) The Members were informed that the resolutions, as set forth in the Notice of AGM dated 29th July, 2026, were put to vote through remote e-Voting, which has commenced from Saturday, 15th August, 2026 at 9:00 AM (IST) and ended on Wednesday, 19th August, 2026 at 5:00 PM (IST) and also through electronic voting system (lnsta Poll) made available during the AGM. The results of voting along with the Scrutinizer’s Report will be made available on the website of the Company, Stock Exchanges i.e., BSE Limited (BSE), National Stock Exchange of India Limited (NSE) and on the website of National Securities Depository Limited (NSDL). (vi) The items of business proposed in the Notice of AGM for the approval of Members, were taken up. The Company Secretary then read the items of the business to be transacted at the AGM as under: Item Resolutions Approval Type Ordinary Business 1. To receive, consider and adopt the Audited Financial Ordinary Resolution Statements including Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Board’s Report, the Auditors’ Report thereon and comments of the Comptroller and Auditor General of India. 2. To confirm payment of 1st and 2nd interim dividend and Ordinary Resolution declare final dividend for the financial year 2025-26. 3. To appoint a director in place of Dr. Yatindra Dwivedi Ordinary Resolution (DIN: 10301390), who retires by rotation and being eligible, offers himself for re-appointment. 4. To appoint a director in place of Shri Naveen Srivastava Ordinary Resolution (DIN:10158134), who retires by rotation and being eligible, offers himself for re-appointment. 5. To authorize the Board of Directors of the Company to fix Ordinary Resolution the remuneration of the Statutory Auditors for the financial year 2026-27. Special Business 6. Appointment of Shri Burra Vamsi Rama Mohan O r d i n a r y Resolution (DIN: 09806168) as Chairman and Managing Director, not liable to retire by rotation. 7. Ratification of remuneration of the Cost Auditors for the Ordinary Resolution Financial Year 2026-27. 8. Enhancement of Borrowing Limits from ₹1,80,000 crore Special Resolution to ₹2,20,000 crore. 9. To enhance borrowing limit from ₹30,000 crore to Special Resolution ₹35,000 crore, from domestic market through issue of secured / unsecured, non-convertible, cumulative/non- cumulative, redeemable, taxable / tax-free Debentures / Bonds under Private Placement for the Financial Year 2026-27. 10. To raise funds up to ₹35,000 crore, from domestic market Special Resolution through issue of secured / unsecured, non-convertible, cumulative / non-cumulative, redeemable, taxable / tax- free Debentures/Bonds under Private Placement during the Financial Year 2027-28 in one or more tranches/offers. (vii) Queries raised by Members were taken up and responded by the management. Dr. Yatindra Dwivedi, Director (Personnel), then, presented a vote of thanks. Thereafter, Chairman thanked all the participants for joining the Meeting. Chairman, then, announced the closure of the Meeting. The e-Voting facility remained open for 15 minutes after the conclusion of the Meeting so as to enable the Members to cast their vote, who have not yet cast their vote on the resolutions. The Meeting concluded at 12:20 P.M. (IST) (including the time allowed for e‐voting at the AGM). *****