Power Grid of India (POWERGRID) — Announcement

1 Announcement 🔴 High Importance ✨ Positive 📄 PDF

POWERGRID acquired 100% of SR and ER Power Transmission Limited (SRERPTL) on February 3, 2026, for approximately ₹19.63 crores under tariff-based competitive bidding. The project involves 765 kV transmission lines connecting Southern and Eastern grids across Odisha and Andhra Pradesh. SRERPTL is a newly incorporated SPV (incorporated August 22, 2025) on a build-own-operate-transfer basis, aligning with POWERGRID's core transmission business.

2 Announcement Neutral 📄 PDF

Power Grid Corporation of India Limited published a notice on February 3, 2026, regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority in compliance with applicable rules. The company identified shareholders whose shares have remained unpaid for seven consecutive years as of the financial year 2017-18 and invited them to claim undisputed dividends before April 4, 2026. Shareholders can submit required documentation to claim their shares and dividends; details are available on the company website.

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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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