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Power Grid Corporation Of India Ltd.
BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
254.20
-5.35 (-2.06%) Power Grid Corporation of India informs about clarification
Date: 07-05-2021Power Grid Corporation of India has informed that POWERGRID vide its letter dated 27.01.2021 had informed to the Stock Exchanges about filing of a draft offer document dated January 25, 2021, in relation to the proposed initial public offer of units by PGInvIT, which is proposed to consist of a fresh issue of units by PGInvIT and an offer for sale of units by POWERGRID, with SEBI for its observations. POWERGRID has nothing to clarify on the news article appearing on https://www.moneycontrol.com/ April 23, 2021, titled ‘Power Grid shares rise 4% on plans to launch Rs 7,700 crore InvIT IPO’.
The above information is a part of company’s filings submitted to BSE.