POWERGRID secures ₹6,000 crore loan from SBI
market hours1 source ↓written by the desknot a recommendation
- loan
- ₹6,000 crore
- per share
- ₹4.50
- representing
- 45% payout
Power Grid Corporation of India Ltd. (POWERGRID) has secured a ₹6,000 crore loan from the State Bank of India to enhance liquidity for upcoming projects. Additionally, the company declared an interim dividend of ₹4.50 per share for FY26, representing a 45% payout. This move aims to strengthen its financial position for future growth.
Not investment advice. For informational purposes only.