Power Grid Corporation of India has approved a significant infrastructure upgrade and secured a major international loan facility, alongside key senior management appointments, following a Board of Directors meeting held on June 10, 2026. Shri Satyaprakash Dash ceased to be the Company Secretary & Compliance Officer effective June 10, 2026, consequent upon his resignation due to other assignments in the Finance Department.

Project Approval and Loan Facility

The Board approved the upgradation of SCADA (Supervisory Control and Data Acquisition) and Associated Systems of NTAMC/RTAMC at an estimated cost of ₹485.04 crore. In addition, the Board sanctioned an unsecured term loan facility of Japanese Yen (JPY) 80 billion from JBIC (Japan Bank for International Cooperation) and Participating Financial Institutions, providing a significant boost to the company's financial resources.

Key Management Appointments

The Board approved two senior management appointments during the meeting. Smt. Anjana Luthra, General Manager (Company Secretariat), was appointed as the Company Secretary & Compliance Officer with immediate effect from June 10, 2026. Shri Venkata Subrahmanayam Vallurie, Chief General Manager (F&A), was appointed as the Chief Financial Officer (CFO), effective July 1, 2026.

Leadership Profiles

Smt. Anjana Luthra is a Fellow Member of the Institute of Company Secretaries of India (ICSI) with over 25 years of experience. She holds a B.Com. (Hons.) and LL.B. from the University of Delhi. Her expertise includes corporate governance, statutory compliance, mergers and acquisitions, and investor relations. She previously served as the Company Secretary and Compliance Officer of POWERGRID Infrastructure Investment Trust (PGInvIT).

Shri Venkata Subrahmanayam Vallurie is a qualified Cost Accountant with over 35 years of post-qualification experience, including more than 32 years at POWERGRID. His expertise spans resource mobilisation, financial concurrence, ERP, and internal audit. He has been instrumental in digitising finance operations and implementing SAP systems, and currently serves as the Head of Finance of Southern Region-I.

Regulatory Disclosure

The Board meeting commenced at 5:15 p.m. (IST) and concluded at 6:20 p.m. (IST). All appointments and project approvals were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Power Grid Corporation Of India has scheduled a meeting of its Board of Directors on Wednesday, June 10, 2026, to consider a proposal for raising funds through an unsecured term loan facility. The decision aims to secure financial resources for the company's operations, adhering to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In conjunction with the board meeting, the company has announced the closure of its trading window to prevent the misuse of unpublished price-sensitive information. The trading window will remain closed from Friday, June 5, 2026, till Friday, June 12, 2026 (both days inclusive), and will reopen on Saturday, June 13, 2026.

Key Meeting Details

The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited by Satyaprakash Dash, Company Secretary & Compliance Officer. The company's scrip is traded under the NSE-SCRIP ID POWERGRID and BSE Scrip Code 532898.