Power Grid Corporation of India Limited — Others, 13-12-2024: Trading Window

POWERGRID has announced a board meeting on December 18, 2024, to consider the issuance of Unsecured Non-Convertible Debentures (NCD) under private placement as part of its 80th bond issue for the 2024-25 fiscal year. Concurrently, the trading window will be closed from December 14 to December 20, 2024, reopening on December 21, 2024. This bond issuance could support financial flexibility and growth for POWERGRID, providing investors with new fixed-income opportunities. The closure of the trading window may temporarily limit trading activity, impacting short-term investor sentiment.