The Board of Directors of POWERGRID has approved an amended ‘Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities’. This revised code, effective from 05th August, 2026, aims to enhance transparency and compliance regarding sensitive corporate information and insider trading activities. The updated code is now accessible on the company’s official website.
Board Approves Revised Disclosure and Trading Code
POWERGRID announced today, Wednesday, 05th August, 2026, that its Board of Directors has officially approved the adoption of an amended ‘Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities of Power Grid Corporation of India Limited’. This revised code, referred to as the ‘Code’, signifies an enhancement to the company’s existing governance framework.
Enhanced Transparency and Compliance
The primary objective of the amended code is to ensure greater transparency and robust procedures for the fair disclosure of price-sensitive information. It also outlines stricter conduct for regulating, monitoring, and reporting trading activities in the company’s securities. This move is expected to bolster investor confidence and ensure adherence to regulatory requirements concerning insider trading and information dissemination.
Code Availability
In line with its commitment to transparency, POWERGRID has made the full text of the amended Code available on the company’s official website, www.powergrid.in. Stakeholders and the general public can access the document for detailed information regarding its provisions.
The decision was formally approved during the Board meeting held on August 5, 2026.
Source: BSE