Power Grid Corporation of India: Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs, confirmed the respective…
Power Grid Corporation of India (POWERGRID) filed a disclosure titled "Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs, confirmed the respective schemes of merger of Wholly owned subsidiaries of POWERGRID". The company is…
What happened
Power Grid Corporation of India (POWERGRID) filed a disclosure with the exchanges on 3 November 2026 at 11:59 AM titled "Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs, confirmed the respective schemes of merger of Wholly owned subsidiaries of POWERGRID".
Company snapshot
Power Grid Corporation of India is a large-cap company in the Power sector, with a market value of about ₹2.49 lakh crore.
The stock last traded at ₹267.7, against a 52-week range of ₹242.3–₹325 (17.6% below the high).
Before this filing the shares had moved +2.8% over the month and −6.7% over three months. Average daily turnover over the last 20 sessions was about ₹241 crore.
Promoters held 51.34% at the end of Q2 FY27. Foreign institutions owned 24.03% and domestic institutions 20.91%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 11,476 | 3,566.1 | 3.84 |
| Q3 FY26 | 12,395 | 4,185 | 4.5 |
| Q4 FY26 | 11,666 | 4,546.3 | 4.89 |
| Q1 FY27 | 11,497 | 3,598.4 | 3.87 |
| Q2 FY27 | 11,816 | 3,866.2 | 4.16 |
What history shows
BCEIE's records show 10 previous m&a filings from the company since May 2026.
After those filings, the stock fell 0.4% on average the next trading day and was down 1.1% on average after five days (10 filings with price data).
Across 53 similar disclosures by other Power companies, shares moved +0.0% on average the next day and −0.6% over five days; 60% of them rose the next day.
Market-wide, 2,273 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 12 Oct 2026 | Acquisition of Jam Khambhaliya REZ Transmission Limited by POWERGRID… | −0.0% | +1.3% |
| 12 Oct 2026 | Acquisition of Lakadia C Power Transmission Ltd. by POWERGRID under… | −0.0% | +1.3% |
| 12 Oct 2026 | Acquisition of Lakadia II Power Transmission Limited by POWERGRID… | −0.0% | +1.3% |
| 23 Sept 2026 | Acquisition of Barmer HVDC Power Transmission Limited by POWERGRID… | −0.3% | — |
| 28 Aug 2026 | Acquisition of Fatehgarh II Transmission Limited by POWERGRID under… | −0.6% | +0.1% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 6 November 2026: Interim Dividend - Rs 3 Per Share.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.