Ministry of Corporate Affairs (MCA) approves merger of 17 Power Grid Corporation of India subsidiaries

Exam-focused facts from the 7 February 2026 current affairs briefing.

Key facts

Ministry of Corporate Affairs (MCA) sanctioned orders on 27 January 2026 for merging 17 wholly owned subsidiaries of Power Grid Corporation of India.
The sanction orders were received by the company on 4 February 2026.
The restructuring uses two composite schemes: Scheme/Group-A and Scheme/Group-B.
Twelve subsidiaries, including several regional transmission systems, will merge into POWERGRID Khavda II-C Transmission Limited.
Five subsidiaries—POWERGRID Bhadla III and POWERGRID Ramgarh II among them—will amalgamate into POWERGRID Vataman Transmission Limited.
The mergers take effect retrospectively from the appointed date of 1 April 2024.
Disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.