Power Grid Corporation of India Limited, a key player in the Indian power sector, has announced a significant change in its joint statutory auditors for the financial year 2025-26. This development comes as part of the company's compliance with regulatory requirements and ensures continued transparency in financial reporting.

Key Changes in Auditor Appointment

Reasons for the Change

The change in auditors was initiated by the Comptroller and Auditor General of India (CAG). M/s. Rama K Gupta & Co., the outgoing auditor, resigned with immediate effect due to being allotted another statutory audit assignment by CAG for the same financial year.

Profile of the New Auditor

M/s. ASA & Associates LLP, the newly appointed joint statutory auditor, brings a wealth of experience to the role:

• Established in 1991
• First-generation Chartered Accountancy firm
• Head office in Delhi with branches in 8 locations across India
• Over 34 years of experience in the field
• More than 30 partners/directors

The firm's expertise extends beyond audit and advisory services. They assist domestic and international businesses in various areas, including:

• Setting up offices
• Finding partners
• Navigating mergers and acquisitions
• Advising on tax issues
• Conducting forensic audits
• Providing cybersecurity services

Implications and Compliance

This change in joint statutory auditors aligns with PowerGrid's commitment to maintaining high standards of financial reporting and corporate governance. The appointment, made in accordance with Section 139 of the Companies Act, 2013, ensures that the company continues to meet regulatory requirements and maintains transparency in its financial operations.

PowerGrid Corporation has duly informed the stock exchanges of this change, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This timely disclosure keeps shareholders and the market informed about significant changes in the company's audit framework.

As PowerGrid Corporation of India Limited moves forward with its new joint statutory auditor, stakeholders can expect continued adherence to stringent auditing standards and transparent financial reporting for the fiscal year 2025-26.

Power Grid Corporation of India , a key player in the Indian power sector, has announced its first interim dividend for the financial year 2025-26. The company's board of directors approved this dividend during a meeting held on November 3, 2025, alongside the review of unaudited financial results for the quarter and half-year ended September 30, 2025.

Dividend Details

Key Points for Investors

• Investors must purchase Power Grid Corporation shares before November 10, 2025, to be eligible for this dividend.
• The ex-dividend date, which is the same as the record date in this case, marks the cut-off point for dividend eligibility.
• Shareholders who own the stock before this date will receive the dividend payment on December 1, 2025.

Other Companies Trading Ex-Dividend

Several other companies are also set to trade ex-dividend on the same date as Power Grid Corporation. These include:

• Ajanta Pharma
• Aurionpro Solutions
• Godfrey Phillips India
• Route Mobile
• Transcorp International

Investors interested in these companies should note the ex-dividend date to ensure eligibility for their respective dividend payments.

This announcement by Power Grid Corporation comes as part of the company's regular financial activities and reflects its commitment to sharing profits with shareholders. As always, investors are advised to consider their individual financial goals and consult with financial advisors when making investment decisions based on dividend announcements.