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 pledge-related disclosures to NSE and BSE as required under SEBI regulations. The filings come from the President of India, acting through two ministries that are promoters of the company: the Ministry of Development of North Eastern Region and the Ministry of Power. Both ministries have declared that they have NOT created any encumbrance (pledge) on the company's shares during Financial Year 2025-26. This is a routine compliance filing confirming that the government promoters have not pledged their holdings in Power Grid.
This is a positive disclosure for shareholders as it confirms that the promoter group (government of India through two ministries) has not pledged their shares, meaning there is no risk of forced share sales due to pledge invocation. This maintains stability in the promoter's holding structure.