Power Grid Corporation of India Limited (POWERGRID) announced that its Board of Directors, in a meeting held on Saturday, 20th December 2025, has approved the merger/amalgamation of 13 of its wholly owned subsidiaries. The scheme involves merging 11 subsidiaries into 2 other wholly owned subsidiaries. This proposed merger aims to consolidate businesses for the creation of larger unified entities, reduce the total number of group entities, and achieve operational and management efficiencies. The simplification of administrative tasks and organizational structure are key objectives of this amalgamation. Further developments regarding this matter will be communicated in due course. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.