Power Grid Corporation of India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
POWERGRID · price
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Power Grid Corporation has submitted a regulatory disclosure to NSE and BSE on behalf of the President of India (acting through the Ministry of Development of North Eastern Region), who is the promoter of the company. Under SEBI's Regulation 31(4), the promoter has declared that no encumbrance — such as pledge, lien, or any other charge — was created directly or indirectly on the shares of Power Grid during the financial year 2024-25. The disclosure was signed by B.B. Panigrahi, Director from the Ministry of Development of North Eastern Region, dated 11th April 2025 and submitted to exchanges on 16th April 2025.
This is a routine annual compliance filing and carries no material impact on the stock. It simply confirms that the Government of India, as promoter, has not pledged or otherwise encumbered any of its shares in Power Grid during FY25, signalling continued clean promoter holdings.