1st Interim Dividend For FY26: Navratna PSU Sets Record Date; Buy Power Grid Shares?

In order to announce the financial results for the quarter and a half that ended on September 30, 2025, and to discuss the first interim dividend for FY26, a board meeting has been scheduled for November. Power Grid Corporation of India Limited is a central public sector enterprise in India that is owned by the Ministry of Power, Government of India. A record date has also been set for the dividend purpose.

"We wish to inform that a meeting of Board of Directors of POWERGRID is scheduled to be held on Monday, 03rd November, 2025 to consider and approve, amongst other items of Agenda, the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2025 after these results are reviewed by the Audit Committee and the declaration of 1st Interim Dividend out of the profits of the Company for the FY 2025-26, if any," said Power Grid in a stock exchange filing.

"We further wish to inform that pursuant to Regulation 42 of SEBI LODR, the 'Record Date' for the purpose of ascertaining the eligibility of the Shareholders for payment of 1st Interim Dividend, if declared, by the Board of Directors, will be Monday, 10th November, 2025. Further, the 'Trading Window' of the Company, which has been closed from Tuesday, 30th September, 2025, shall remain closed till Wednesday, 05th November, 2025 (both days inclusive) and the 'Trading Window' will open Thursday, 06th November, 2025," Power Grid has further informed the stock exchanges.

Power Grid Target Price

"Power Grid maintains its upward trajectory after a healthy consolidation phase. The stock is comfortably trading above ₹285 support, showing strength in the power sector. Momentum indicators suggest continued bullish sentiment, with potential targets at ₹305-₹310. Any dip towards ₹285 levels can offer a good accumulation opportunity for medium-term investors," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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