POWERGRID announces merger of 28 wholly owned subsidiaries into 2 subsidiaries
Power Grid Corporation of India · Power
Key highlights
- On 20 Dec 2025, Board approved merger of 13 subsidiaries, consolidating 11 into 2 subsidiaries, subject to regulatory approval.
- On 19 Mar 2026, Board updated approval to merge 28 subsidiaries into 2 subsidiaries, superseding earlier approval, subject to regulatory approval.
- On 2 Nov 2026, Regional Director confirmed merger schemes effective from 2 Nov 2026 for full amalgamation of the 28 transferor companies into 2 transferee companies.
Why it's rated notable: The filing confirms an internal merger of wholly owned subsidiaries with no value stated, so the level is capped at medium under the rule for amalgamations without value.
Original filing
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Power
on management's own guidance
- Strong growth2
- Strong growth1
- Adani PowerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.