Power Grid Corporation of India Limited (POWERGRID) has announced that its Board of Directors will meet on July 22, 2026, to consider important borrowing proposals aimed at supporting the company’s funding requirements and future expansion plans. The meeting was disclosed through a regulatory filing submitted to the National Stock Exchange (NSE) and BSE Limited on July 16, 2026.
One of the main items on the agenda is a proposal to increase the company’s borrowing limit for the financial year 2026-27. POWERGRID plans to raise the limit from Rs. 30,000 crore to Rs. 35,000 crore to meet its growing financial needs. The board will also consider a separate proposal to approve borrowing of up to Rs. 35,000 crore for the financial year 2027-28.
According to the filing, the company may raise these funds through different financing sources, including private placements of domestic bonds. These bonds could be issued as secured or unsecured instruments and may be non-convertible, non-cumulative, redeemable, and either taxable or tax-free, depending on market conditions and funding requirements.
The company clarified that any decision taken by the Board regarding the proposed borrowings will require approval from shareholders at the upcoming Annual General Meeting (AGM) before implementation.
POWERGRID also informed the stock exchanges that its trading window for dealing in the company’s securities will remain closed. The trading window was initially closed on June 24, 2026, in accordance with insider trading regulations and will reopen 48 hours after the announcement of the company’s financial results for the quarter ended June 30, 2026.
The regulatory filing was signed by the Company Secretary and Compliance Officer of POWERGRID.
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