Power Grid of India (POWERGRID) — Board Meeting

POWERGRID's Board approved the merger of 13 wholly-owned subsidiaries, consolidating 11 entities into 2 existing subsidiaries. The restructuring aims to streamline operations, reduce administrative complexity, and achieve management efficiencies through simplified organizational structure. The scheme requires statutory and regulatory approvals before implementation.

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About Power Grid Corporation of India Limited (POWERGRID)

Power · Power · Listed on NSE

Market Cap: ₹2,84,458.97 Cr P/E: 18.3 ROE: 16.8% ROCE: 12.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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