NHPC Holds 50th AGM on Aug 28, 2026, Approves Dividend & Director Appointments
NHPC Limited's 50th AGM was held on August 28, 2026. The meeting approved the financial statements for FY 2025-26, interim and final dividends, and key director appointments including CMD, Director Finance, and Independent Director. The company also sought approval to increase its borrowing limit to ₹70,000 Crore.
The approval of director appointments and an increase in borrowing limit are significant corporate actions. The declaration of dividend also impacts shareholders.
The announcement details the successful conduct of the AGM, approval of financial statements, dividends, and key appointments. Shareholder participation and positive feedback also contribute to a positive sentiment.
NHPC Limited held its 50th Annual General Meeting (AGM) on August 28, 2026, commencing at 11:30 A.M. IST and concluding at 01:15 P.M. IST, through Video Conference (VC)/Other Audio Visual Means (OAVM). A total of 248 shareholders attended the meeting.
The meeting transacted several businesses, including the receipt and adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders also confirmed the payment of interim dividend and declared the final dividend for the financial year 2025-26. Key appointments were approved, including Shri Bhupender Gupta as Chairman & Managing Director, Shri Mahesh Kumar Sharma as Director (Finance), Shri Diwakar Nath Misra as Government Nominee Director, Dr. Bernadette Lyngdoh as Independent Director, and Shri Paresh Rasiklal Ranpara as Director (Personnel).
Further, the company's borrowing limit was proposed to be increased from ₹60,000 Crore to ₹70,000 Crore, and the Board was authorized to create a mortgage and/or charge over the company's properties. The remuneration of the Joint Statutory Auditors for FY 2026-27 was also to be fixed by the Board. Shareholders asked questions on various aspects including future plans, CAPEX, financial position, CSR activities, and upcoming projects, which were addressed by the management. The shareholders appreciated the company's corporate governance practices and investor support services.
A plain-language summary of a public exchange filing by NHPC Limited. Read the original for the full detail.