The Portfolio · BriefAll articles →

POWERGRID · Power Grid Corporation of India Limited · BSE · Filed 22 Sept · 1 min read

POWERGRID board to weigh raising funds via unsecured rupee term loan on 26 September

The state-owned transmission utility said its board will consider raising funds through an unsecured rupee term loan or bank line of credit at a meeting on 26 September 2026.

What was filed

Power Grid Corporation of India told the exchanges that its Board of Directors will meet on Saturday, 26 September 2026 to consider, among other matters, a proposal for 'Raising of funds through Unsecured Rupee Term Loan/Line of Credit (Bank Facility)'. The intimation was made under Regulation 29(1)(d) of the SEBI Listing Obligations and Disclosure Requirements Regulations.

What the filing does and does not say

This is a procedural intimation ahead of the meeting. The company has disclosed only the nature of the proposal — an unsecured rupee-denominated bank facility. The size of the borrowing, its tenor, the lender or lenders, and the intended use of proceeds are not stated in the filing. Those details, if the proposal is approved, would follow in a subsequent disclosure after the board meets.

The notice signals a pending funding decision but carries no financial terms; holders would learn the borrowing amount and purpose only from the company's disclosure after the 26 September board meeting.

Share this

More on POWERGRID

The brief

You just read one filing on Power Grid Corporation of India. We do this every morning — for the stocks you own.

A calm, cited reading of your own holdings, delivered daily on Telegram or email. No tips.

See your brief →

Free during the pilot.

Read all articles