Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Not Applicable
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
27-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Details Of Non Compliance Of Board Composition
As on 31.03.2026, POWERGRID had 5 Executive (functional) Directors (including CMD), 2 Non-Executive (Government Nominee) Directors and 3 Non-Executive (Independent) Directors (Including Independent Woman Director). POWERGRID, being a Govt. Company within the meaning of Section 2(45) of the Companies Act, 2013, the power to appoint functional/ Official Part-time Directors / non-Official Part-time Directors (Independent Directors) vests with the President of India.The matter has been taken up with the administrative Ministry i.e. Ministry of Power for filling up the post of Independent Directors.
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes On Annual Affirmations Explanatory Text Block
Note to point no. 12: Ministry of Corporate Affairs has exempted Government Companies from complying with the provisions of Section 178(2) & para VIII of Schedule IV of the Act with regard to performance evaluation of Board, its committees and individual directors. The performance evaluation of Functional Directors, Government Nominee Directors and Independent Directors of Company is done by Ministry of Power (Administrative Ministry) as per applicable Rules and Procedures. Further, relaxation has been granted by Securities and Exchange Board of India to POWERGRID vide its letter dated 02.03.2026 from the Compliance with the provision of the Regulation 17(10) and 25(4)(a) & (b) of SEBI (LODR) Regulations, 2015.
Note to point no. 15, 18, 22 and 25: In the beginning of the 1st quarter (FY 2025-26) i.e. as on 1st April, 2025, POWERGRID did not have Independent Directors on the Board. In the absence of requisite number of Independent Directors, the Company has been non-compliant with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) with respect to composition of the Statutory Committees viz. Audit Committee (Reg. 18(1) of SEBI LODR), Nomination and Remuneration Committee (Reg. 19(1)/19(2) of SEBI LODR), Stakeholders Relationship Committee (Reg. 20(2)/(2A) of SEBI LODR) and Risk Management Committee (Reg. 21(2) of SEBI LODR), till these committees were reconstituted post the appointment of three Independent Directors i.e. two Independent Directors on 16.04.2025 and one woman Independent Director on 16.05.2025. NSE and BSE each had imposed fine for such non-compliance as per applicable SEBI Circular. The matter for waiver of fine was taken up with NSE & BSE apprising that upon reconstitution of statutory committees with requisite no. Independent Directors, the Company became compliant with above provision of SEBI LODR. Subsequently, NSE and BSE vide their respective communication dated 12.09.2025 and 07.10.2025 granted waiver of fine levied towards non-compliance of Regulation 18(1), 19(1)/(2), 20(2)/2A, 21(2), of SEBI LODR for quarter ended 30.06.2025.
Disclosure Of Notes To Annexure1Explanatory Text Block
Note to Point No. 1 - As on 31.03.2026, POWERGRID had 5 (Five) Executive (functional) Directors (including CMD), 2 (two) Non-Executive (Government Nominee) Directors and 3 (three) Non-Executive (Independent) Directors (Including Independent Woman Director). POWERGRID, being a Govt. Company within the meaning of Section 2(45) of the Companies Act, 2013, the power to appoint functional/ Official Part-time Directors / non-Official Part-time Directors (Independent Directors) vests with the President of India. The matter has been taken up with the administrative Ministry i.e. Ministry of Power for filling up the post of Independent Directors.
Note to Point No. 2, 3, 4 & 5: In the beginning of the 1st quarter (FY 2025-26) i.e. as on 1st April, 2025, POWERGRID did not have Independent Directors on the Board. In the absence of requisite number of Independent Directors, the Company has been non-compliant with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) with respect to composition of the Statutory Committees viz. Audit Committee (Reg. 18(1) of SEBI LODR), Nomination and Remuneration Committee (Reg. 19(1)/19(2) of SEBI LODR), Stakeholders Relationship Committee (Reg. 20(2)/(2A) of SEBI LODR) and Risk Management Committee (Reg. 21(2) of SEBI LODR), till these committees were reconstituted post the appointment of three Independent Directors i.e. two Independent Directors on 16.04.2025 and one woman Independent Director on 16.05.2025. NSE and BSE each had imposed fine for such non-compliance as per applicable SEBI Circular. The matter for waiver of fine was taken up with NSE & BSE apprising that upon reconstitution of statutory committees with requisite no. Independent Directors, the Company became compliant with above provision of SEBI LODR. Subsequently, NSE and BSE vide their respective communication dated 12.09.2025 and 07.10.2025 granted waiver of fine levied towards non-compliance of Regulation 18(1), 19(1)/(2), 20(2)/2A, 21(2), of SEBI LODR for quarter ended 30.06.2025.
Note to Point No. 8: The report for the Quarter ended 31.12.2025 was placed before Board of Directors in their meeting held on 25.01.2026. This report i.e. for the Quarter ending 31.03.2026 will be placed in the ensuing meeting of Board of Directors.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
www.powergrid.in
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Details Of Business Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Financial Results Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
www.powergrid.in
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
www.powergrid.in
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
www.powergrid.in
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
www.powergrid.in
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
www.powergrid.in
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
www.powergrid.in
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
www.powergrid.in
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
www.powergrid.in
Disclosure Web Link Of Secretarial Compliance Report Is Placed
www.powergrid.in
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Not Applicable
Market Capitalisation As Per Immediate Previous Financial Year
Top 100 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Name Of Signatory
Satyaprakash Dash
Name Of Signatory Affirmations
Satyaprakash Dash
Name Of Signatory For Annual Affirmations
Satyaprakash Dash
Name Of Signatory For Quartely Affirmations
Satyaprakash Dash
Name Of The Company
Power Grid Corporation of India Limited
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Not Applicable
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
POWERGRID provided loan to its employees or directors as a part of the service conditions. Besides this, POWERGRID provided loan to Wholly Owned Subsidiaries to successfully execute the projects and whose accounts are consolidated with POWERGRID.
Recommendation Of Board
Yes
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
p00179
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Not Applicable
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Not Applicable
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No