Power Grid Corporation of India has declared a final dividend of ₹1.25 per share for the financial year 2025-26, signaling continued cash return to shareholders from its core transmission operations. The Board of Directors recommended the payout during its meeting on May 15, 2026, setting the stage for shareholder approval at the 37th Annual General Meeting (AGM). The dividend represents a yield of 12.5% on the paid-up equity share capital, reinforcing the company’s commitment to consistent distribution policies.

The record date for determining entitlement to the final dividend is Thursday, August 13, 2026. If approved by shareholders at the AGM, the dividend will be paid on or before Wednesday, September 16, 2026. The payment is subject to deduction of tax at source (TDS) as per the Income Tax Act, 1961. Shareholders are advised to ensure their Permanent Account Number (PAN) and bank details are updated with the Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, or their Depository Participants to facilitate seamless electronic transfer.

Key Dates and Dividend Details

Shareholder Compliance and KYC Updates

The company has emphasized strict compliance with Securities and Exchange Board of India (SEBI) regulations regarding Know Your Customer (KYC) norms. Pursuant to SEBI Master Circulars dated February 6, 2026, and May 17, 2023, security holders with physical folios must have updated KYC details—including PAN, nomination, contact information, and bank account details—to be eligible for dividend payments via electronic mode. This mandate is effective from April 1, 2024. Members holding shares in physical form are urged to update their records with KFin Technologies Limited using forms available on the company’s website. Demat account holders must coordinate with their respective Depository Participants.

Virtual AGM and E-Voting Process

The 37th AGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) on Thursday, August 20, 2026, at 11:00 A.M., in compliance with Ministry of Corporate Affairs General Circular No. 03/2025. National Securities Depository Limited (NSDL) has been appointed as the agency for remote e-voting facilities. The Integrated Annual Report for FY26 will be sent electronically to members with registered email addresses. Those without registered emails will receive a letter containing the web-link to access the report. Physical attendance at a common venue is not permitted.

Tax Implications and TDS Procedures

Dividends distributed after April 1, 2020, are taxable in the hands of shareholders. Consequently, Power Grid will deduct tax at source before payment. To enable accurate TDS calculation, shareholders must submit necessary tax forms via the RTA’s portal by August 13, 2026. Failure to update PAN or bank details may result in delays or inability to receive the dividend electronically. The company advises all investors to verify their ECS mandates and KYC status well ahead of the record date to avoid any disruption in dividend receipt.

Power Grid Corporation of India recorded a notable block trade on the National Stock Exchange (NSE), with approximately 5,013,202 shares changing hands at ₹289.40 per share, aggregating to a total deal value of ₹145.08 crores. Block trades of this scale typically reflect significant participation from institutional investors or large-scale market participants.

Block Trade Details

The following table summarises the key parameters of the block trade executed on the NSE:

Transaction Overview

Block trades are large, privately negotiated transactions executed outside the open market order book, typically involving a substantial number of shares. The execution of this trade at ₹289.40 per share for approximately 5,013,202 shares underscores the scale of activity observed in Power Grid Corporation of India's stock on the NSE. Such transactions are closely monitored by market participants as indicators of large investor interest in a particular security.