POWERGRID has announced that its board will meet on November 17, 2025, to consider issuing Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds under private placement. Trading window will be closed from November 12 to November 19, 2025 and open on November 20, 2025. This proposed bond issuance aims to raise funds for the company’s ongoing and future projects.
Board Meeting for Bond Issuance
POWERGRID’s board of directors is scheduled to convene on Monday, November 17, 2025. A key item on the agenda is the consideration of issuing Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds. These bonds, referred to as “POWERGRID Bond – LXXXIII (83rd) Issue,” are planned to be issued through private placement.
Trading Window Closure
In connection with the proposed bond issuance, the trading window for the company’s shares will be temporarily closed. The closure period will commence on Wednesday, November 12, 2025, and will continue until Wednesday, November 19, 2025. Trading will resume on Thursday, November 20, 2025.
Source: BSE
