NEW DELHI — The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has sanctioned a major capital-raising initiative, securing approval for an Unsecured Rupee Term Loan / Line of Credit of up to ₹10,000 crore from State Bank of India (SBI).
The strategic financing decision was formalized during a board meeting on September 26, 2026, and subsequently disclosed to stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Transaction Metrics & Regulatory Framework
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Borrowing Entity: Power Grid Corporation of India Limited (POWERGRID)
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Lead Financial Institution: State Bank of India (SBI)
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Credit Structure: Unsecured Rupee Term Loan / Line of Credit
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Total Approved Quantum: Up to ₹10,000 crore
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Governance Timeline: Board approval granted on September 26, 2026 (12:15 PM – 1:30 PM IST).
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Statutory Compliance: Authenticated and submitted by Company Secretary & Compliance Officer Anjana Luthra under SEBI (LODR) guidelines.
