Power Grid Corporation of India has informed stock exchanges about an upcoming Board of Directors meeting scheduled for January 30, 2026. The meeting will focus on reviewing the company's quarterly financial performance and potential dividend distribution to shareholders.

Board Meeting Agenda

The board meeting will address several key items as per SEBI regulations. The primary agenda includes consideration and approval of unaudited financial results for the quarter and nine months ended December 31, 2025, following review by the Audit Committee.

Dividend Consideration

The board will deliberate on declaring the second interim dividend from the company's profits for FY 2025-26. This dividend declaration is subject to board approval and will depend on the company's financial performance and available profits.

Record Date and Shareholder Information

POWERGRID has established February 9, 2026, as the record date for determining shareholder eligibility for the interim dividend payment, if declared by the board.

Trading Window Closure

In compliance with insider trading regulations, POWERGRID has implemented a trading window closure period. The trading window, which closed on December 31, 2025, will remain closed until February 1, 2026. Normal trading activities will resume on February 2, 2026.

The company has communicated this information to both NSE and BSE, along with depositories NSDL and CDSL, and registrar KFin Technologies Limited, ensuring all stakeholders are informed about these important corporate developments.

Power Grid Corporation of India has secured investment approval worth ₹913.99 crore for procurement of cold spare transformers and reactors across multiple regional power committees. The Committee of Directors on Investment on Projects approved the comprehensive procurement plan during its meeting held on January 20, 2026.

Investment Breakdown Across Regional Power Committees

The approved investment encompasses three distinct procurement proposals, each targeting different regional power committees with specific cost allocations and implementation timelines.

Strategic Equipment Procurement Initiative

The procurement focuses on cold spare transformers and reactors, critical components for maintaining power transmission reliability and operational continuity. Cold spare equipment serves as backup infrastructure, ensuring minimal downtime during maintenance or unexpected equipment failures.

The Western Regional Power Committee (WRPC) allocation represents the largest component at ₹401.88 crore, followed by the Southern Regional Power Committee (SRPC) at ₹345.78 crore. The North Eastern Regional Power Committee (NERPC) receives the smallest allocation at ₹166.33 crore, reflecting regional infrastructure requirements and strategic priorities.

Implementation Timeline and Regulatory Compliance

All three procurement projects share a uniform implementation schedule of 30 months from the investment approval date. This standardized timeline suggests coordinated planning and execution across regional committees, enabling efficient resource allocation and project management.

The investment approval was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating POWERGRID's commitment to transparent corporate governance and regulatory compliance. Company Secretary and Compliance Officer Satyaprakash Dash signed the disclosure document on January 20, 2026.

Infrastructure Strengthening Impact

This substantial investment in cold spare equipment reflects POWERGRID's proactive approach to infrastructure resilience and operational reliability. The procurement spans multiple regional power committees, indicating a nationwide strategy to enhance transmission network stability and reduce operational risks through strategic equipment backup systems.