The Board of Directors of Power Grid Corporation of India approved an amended 'Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities' during a meeting held on August 5, 2026. This regulatory update ensures that the disclosure of Unpublished Price Sensitive Information (UPSI) adheres to current market standards, directly impacting how insider trading is monitored and reported for the utility giant.

The approval was formalized in a letter dated August 5, 2026, addressed to the General Manager (Listing) at both the National Stock Exchange of India Limited and BSE Limited. Anjana Luthra, Company Secretary & Compliance Officer, signed the communication, confirming that the Board had reviewed and adopted the changes to the existing Code.

Regulatory Framework Update

The amended Code specifically targets the fair disclosure of UPSI and establishes conduct guidelines for regulating, monitoring, and reporting trading activities in Power Grid Corporation of India Limited's securities. By updating these procedures, the company aligns its internal controls with SEBI’s Insider Trading Regulations, ensuring that any material non-public information is handled with strict confidentiality until public dissemination.

Implementation and Accessibility

Following the Board's approval, the updated Code has been made available on the company’s official website at www.powergrid.in . This transparency measure allows shareholders, investors, and regulators to review the specific procedures governing the handling of price-sensitive information. The move reinforces Power Grid Corporation of India Limited's commitment to corporate governance and market integrity.

No financial metrics or operational data were disclosed in this filing, as the focus remains solely on compliance and procedural governance. The adoption of this amended Code serves as a preventive control mechanism, reducing the risk of inadvertent leakage of UPSI and ensuring that all trading by designated persons is properly monitored and reported.

Power Grid Corporation of India Ltd has commissioned the "Transmission System for evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-H," a critical infrastructure project for renewable energy evacuation. The company received the Notification for Commercial Operation (DOCO) dated July 9, 2026, via email on August 3, 2026, confirming that the project is fully operational with effect from July 4, 2026. This development strengthens the grid’s capacity to integrate solar and wind power from the Rajasthan Renewable Energy Zone.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited on August 4, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing ensures timely market awareness regarding the operational status of this material asset.

Project Execution and Corporate Restructuring

The project was originally entrusted to POWERGRID Beawar Dausa Transmission Limited, which was a wholly owned subsidiary of Power Grid Corporation of India Ltd at the time of assignment. The corporate structure has since been streamlined through an amalgamation approved by the Ministry of Corporate Affairs (MCA).

POWERGRID Beawar Dausa Transmission Limited was amalgamated with POWERGRID Vataman Transmission Limited with effect from March 1, 2026, pursuant to an MCA order dated January 27, 2026. This consolidation reflects the company’s efforts to optimize its subsidiary portfolio while maintaining continuity in project execution.

Key Project Details

What the Numbers Show

The successful commissioning of the Phase-III Part-H component indicates steady progress in Power Grid’s large-scale transmission pipeline. The short gap between the effective commissioning date (July 4) and the DOCO receipt (August 3) suggests efficient regulatory coordination. Furthermore, the completion of the project following the amalgamation of the executing entity demonstrates the company’s ability to manage corporate restructuring without disrupting critical infrastructure timelines.