POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2025-26

POWERGRID Infrastructure Investment Trust has submitted its quarterly corporate governance compliance report for the quarter ending March 31, 2026. This is the first such report after SEBI exempted the InvIT from filing till December 31, 2025. The filing reveals non-compliance in 5 areas: board composition lacks required number of independent directors, audit committee composition is non-compliant, nomination and remuneration committee composition is non-compliant, and independent directors meeting was not held. The Investment Manager (PUTL) is a government company subsidiary where appointment of independent directors rests with the President of India. The matter has been taken up with Ministry of Power for filling up the required independent director positions including one woman independent director. All other compliance requirements including board meetings, risk management, and disclosures are met.