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Power Grid Declares Second Interim Dividend, Clears Plan to Raise Up to Rs 32,000 Crore

Story Highlights
  • Power Grid’s board approved Q3 FY26 results and a second interim dividend of Rs 3.25 per share, payable in late February.
  • The company authorized borrowing up to Rs 32,000 crore via multiple funding routes to support ongoing transmission expansion and investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Power Grid Declares Second Interim Dividend, Clears Plan to Raise Up to Rs 32,000 Crore

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Power Grid Corporation of India Limited ( (IN:POWERGRID) ) has shared an announcement.

Power Grid Corporation of India’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, and declared a second interim dividend of Rs 3.25 per equity share for FY 2025-26, with a record date of 9 February and payment scheduled for 27 February 2026. The board has also cleared a proposal to raise up to Rs 32,000 crore in the current financial year via a mix of domestic bonds, term loans, external commercial borrowings, foreign currency bonds, multilateral funding and supplier credit, signalling continued investment in capital-intensive transmission projects and maintaining the company’s funding flexibility for its expansion plans.

More about Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is a state-owned electricity transmission utility, operating a nationwide network that forms the backbone of India’s power grid. The company’s core business is the transmission of bulk power across regions, and it plays a critical role in integrating generation sources with demand centres and supporting the reliability and stability of the country’s power system.

Average Trading Volume: 544,621

Technical Sentiment Signal: Buy

Current Market Cap: 2415.8B INR

For detailed information about POWERGRID stock, go to TipRanks’ Stock Analysis page.

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