Power Grid subsidiaries merger scheme confirmed by MCA

The Ministry of Corporate Affairs (MCA) has confirmed the merger schemes for 28 wholly-owned subsidiaries of Power Grid Corporation of India Ltd (POWERGRID) into two other wholly-owned subsidiaries. The confirmation orders were issued on November 2, 2026, making the schemes effective from the same date. This consolidation aims to create larger, unified entities, reduce the number of group companies, and achieve operational and management efficiencies. The Board of Directors had previously approved these mergers, superseding an earlier proposal to merge 11 subsidiaries. This move is part of a broader strategy to simplify the organizational structure and administrative tasks within the group.