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Power Grid Corporation Announces Bond Issuance Meeting and Trading Window Closure

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Power Grid Corporation Announces Bond Issuance Meeting and Trading Window Closure

An announcement from Power Grid Corporation of India Limited ( (IN:POWERGRID) ) is now available.

Power Grid Corporation of India Limited has announced a meeting of its ‘Committee of Directors for Bonds’ scheduled for March 26, 2025. The meeting will discuss and approve the issuance of POWERGRID Debentures and/or Commercial Papers for the fiscal year 2025-26 on a private placement basis. Additionally, the company’s trading window will be closed from March 23 to March 28, 2025, reopening on March 29, 2025. This move is expected to impact the company’s financial operations and market activities in the upcoming fiscal year.

More about Power Grid Corporation of India Limited

Power Grid Corporation of India Limited operates in the energy sector, primarily focusing on the transmission of electricity across India. The company is a central transmission utility and plays a crucial role in the Indian power sector by managing and operating a large network of transmission lines and substations.

YTD Price Performance: -7.79%

Average Trading Volume: 345,324

Current Market Cap: 2603.7B INR

See more insights into POWERGRID stock on TipRanks’ Stock Analysis page.

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