Power Grid Q1 Results: Profit falls 5% YoY to Rs 3,597 cr; co announces 1:3 bonus issue

The proposed bonus issue is subject to approval of the shareholders of the company in the ensuing annual general meeting. The estimated date by which bonus shares will be credited is September 25. ​The Board has also approved raising of funds up to Rs 12,000 crore from the domestic market through bonds under private placement during FY25 in one or more tranches.

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