Power Grid Corporation of India Limited — Important, 30-05-2025: General Updates

POWERGRID was fined Rs. 14.4 lakh each by BSE and NSE for non-compliance in Board composition due to missing Independent Directors. The company has appointed two Independent Directors and one Independent Woman Director, reconstituting key committees and achieving compliance. POWERGRID has requested a waiver of the fines. No material operational or financial impact expected.