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Home › Companies › POWER GRID CORPORATION OF INDIA LTD. › 2023-2024

POWER GRID CORPORATION OF INDIA LTD. 2023-2024 Proxy Voting Records

At POWER GRID CORPORATION OF INDIA LTD.'s shareholder meeting held August 30, 2023, in the 2023-2024 proxy season, 73 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,782 separate fund positions. Their filings are grouped here into 27 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Accept Financial Statements and Statutory Reports — the reporting funds cast 99.9% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 27Reported items
  • 73Asset managers
  • 1,782Fund votes
  • August 30, 2023Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from POWER GRID CORPORATION OF INDIA LTD. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore POWER GRID CORPORATION OF INDIA LTD. in the interactive database Compare manager voting policies

How asset managers voted at the POWER GRID CORPORATION OF INDIA LTD. 2023-2024 meeting

Each item below shows how the 73 asset managers that disclosed a POWER GRID CORPORATION OF INDIA LTD. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of POWER GRID CORPORATION OF INDIA LTD.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Saibaba Darbamulla as Director

No official resultsDIRECTOR ELECTIONS

42% of fund votes cast · no official result

FORAGAINST
Details: votes by 56 asset managers

The 56 asset managers below reported 268,881,810 for, 367,524,764 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 268,881,810AGAINST: 367,524,764
Largest asset managers voting on “Elect Saibaba Darbamulla as Director” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity0106,393,273 00Against
Vanguard097,160,675 00Against
BlackRock080,755,781 00Against
WisdomTree015,519,751 00Against
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS010,201,014 00Against
T. Rowe Price09,087,156 00Against
Dimensional08,868,227 00Against
TIAA6,755,1620 00For
State Street06,709,667 00Against
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS05,768,766 00Against
Brighthouse5,288,234407,090 00Mixed
Northwestern Mutual5,312,2600 00For
Victory Capital04,466,647 00Against
Virtus04,318,912 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST03,255,745 00Against
AllianceBernstein2,947,8470 00For
American Century02,512,383 00Against
Allspring01,895,009 00Against
Invesco01,655,671 00Against
Franklin Templeton0987,263 00Against
Northern Trust0862,304 00Against
AIG/SunAmerica0835,133 00Against

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

2. Reelect Abhay Choudhary as Director

No official resultsDIRECTOR ELECTIONS

52.7% of fund votes cast · no official result

FORAGAINST
Details: votes by 56 asset managers

The 56 asset managers below reported 335,147,266 for, 301,259,308 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 335,147,266AGAINST: 301,259,308
Largest asset managers voting on “Reelect Abhay Choudhary as Director” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity76,352,78830,040,485 00Mixed
Vanguard097,160,675 00Against
BlackRock080,755,781 00Against
WisdomTree015,519,751 00Against
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS010,201,014 00Against
T. Rowe Price09,087,156 00Against
Dimensional08,868,227 00Against
TIAA06,755,162 00Against
State Street06,709,667 00Against
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS05,768,766 00Against
Brighthouse5,288,234407,090 00Mixed
Northwestern Mutual5,312,2600 00For
Victory Capital04,466,647 00Against
Virtus04,318,912 00Against
CAUSEWAY CAPITAL MANAGEMENT TRUST03,255,745 00Against
AllianceBernstein02,947,847 00Against
American Century02,512,383 00Against
Allspring01,895,009 00Against
Invesco01,655,671 00Against
Franklin Templeton0987,263 00Against
Northern Trust0862,304 00Against
AIG/SunAmerica0835,133 00Against

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

3. Elect Abhay Choudhary

No official resultsDIRECTOR ELECTIONS

5% of fund votes cast · no official result

AGAINST
Details: votes by 10 asset managers

The 10 asset managers below reported 2,597,560 for, 49,587,268 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,597,560AGAINST: 49,587,268
Largest asset managers voting on “Elect Abhay Choudhary” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard034,987,722 00Against
Charles Schwab08,929,215 00Against
Hartford2,593,4787,366 00For
SEI02,519,321 00Against
Russell Investments02,011,500 00Against
Prudential/PGIM0578,255 00Against
IMPAX FUNDS SERIES TRUST I0406,289 00Against
Transamerica0109,900 00Against
ADVISORS' INNER CIRCLE FUND037,700 00Against
Federated Hermes4,0820 00For

4. Elect Saibaba Darbamulla

No official resultsDIRECTOR ELECTIONS

72% of fund votes cast · no official result

FORAGAINST
Details: votes by 10 asset managers

The 10 asset managers below reported 37,698,466 for, 14,486,362 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 37,698,466AGAINST: 14,486,362
Largest asset managers voting on “Elect Saibaba Darbamulla” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab08,929,215 00Against
Hartford2,600,8440 00For
SEI02,519,321 00Against
Russell Investments02,011,500 00Against
Prudential/PGIM0578,255 00Against
IMPAX FUNDS SERIES TRUST I0406,289 00Against
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND037,700 00Against
Federated Hermes04,082 00Against

5. APPOINTMENT OF DR. SAIBABA DARBAMULLA, (DIN: 10167281) AS A GOVERNMENT NOMINEE DIRECTOR

29% of fund votes cast · no official result

FORAGAINST
Details: votes by 9 asset managers

The 9 asset managers below reported 8,388,844 for, 20,686,766 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,388,844AGAINST: 20,686,766
Largest asset managers voting on “APPOINTMENT OF DR. SAIBABA DARBAMULLA, (DIN: 10167281) AS A GOVERNMENT NOMINEE DIRECTOR” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers015,980,896 00Against
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan02,275,929 00Against
John Hancock01,756,261 00Against
Jackson National54,220596,723 00Mixed
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I052,102 00Against
Calamos25,6240 00For
Krane Shares Trust024,855 00Against

6. To appoint a director in place of shri abhay choudhary (DIN: 07388432), who retires by rotation and being eligible…

29% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO APPOINT A DIRECTOR IN PLACE OF SHRI ABHAY CHOUDHARY (DIN: 07388432), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT

The 9 asset managers below reported 8,519,510 for, 20,556,100 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,519,510AGAINST: 20,556,100
Largest asset managers voting on “TO APPOINT A DIRECTOR IN PLACE OF SHRI ABHAY CHOUDHARY (DIN: 07388432), WHO RETIRES BY ROTATION AND BEING ELIG” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers015,980,896 00Against
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan02,275,929 00Against
John Hancock01,756,261 00Against
Jackson National184,886466,057 00Mixed
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I052,102 00Against
Calamos25,6240 00For
Krane Shares Trust024,855 00Against

7. Approve Increase in Borrowing Limits

No official resultsCAPITAL STRUCTUREOTHER

100% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 636,406,574 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 636,406,574
Largest asset managers voting on “Approve Increase in Borrowing Limits” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

8. Approve Issuance of Secured/Unsecured, Non-convertible, Non-cumulative/Cumulative, Redeemable, Taxable/Tax-free…

No official resultsCAPITAL STRUCTUREOTHER

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 56 asset managers

Description as filed by funds: Approve Issuance of Secured/Unsecured, Non-convertible, Non-cumulative/Cumulative, Redeemable, Taxable/Tax-free Debentures/Bonds Under Private Placement Basis

The 56 asset managers below reported 636,406,574 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 636,406,574
Largest asset managers voting on “Approve Issuance of Secured/Unsecured, Non-convertible, Non-cumulative/Cumulative, Redeemable, Taxable/Tax-fre” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

9. Amendment to Borrowing Powers

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Amendment to Borrowing Powers” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

10. Authority to Issue Non-Convertible Debentures

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Authority to Issue Non-Convertible Debentures” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

11. To enhance borrowing limit from INR6000 crore to INR8,000 crore, from domestic market through issue of secured /…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO ENHANCE BORROWING LIMIT FROM INR6000 CRORE TO INR8,000 CRORE, FROM DOMESTIC MARKET THROUGH ISSUE OF SECURED / UNSECURED, NON-CONVERTIBLE, NON-CUMULATIVE/CUMULATIVE, REDEEMABLE, TAXABLE / TAX-FREE DEBENTURES/BONDS UNDER PRIVATE PLACEMENT FOR THE FINANCIAL YEAR 2023-24

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO ENHANCE BORROWING LIMIT FROM INR6000 CRORE TO INR8,000 CRORE, FROM DOMESTIC MARKET THROUGH ISSUE OF SECURED” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

12. To raise funds up to INR12,000 crore, from domestic market through issue of secured/unsecured, non-convertible…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO RAISE FUNDS UP TO INR12,000 CRORE, FROM DOMESTIC MARKET THROUGH ISSUE OF SECURED/UNSECURED, NON-CONVERTIBLE, NON-CUMULATIVE / CUMULATIVE, REDEEMABLE, TAXABLE/TAX-FREE DEBENTURES/BONDS UNDER PRIVATE PLACEMENT DURING THE FINANCIAL YEAR 2024-25 IN ONE OR MORE TRANCHES/OFFERS

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO RAISE FUNDS UP TO INR12,000 CRORE, FROM DOMESTIC MARKET THROUGH ISSUE OF SECURED/UNSECURED, NON-CONVERTIBLE” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

13. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

99.9% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 636,190,677 for, 215,897 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 636,190,677AGAINST: 215,897
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

14. Confirm First and Second Interim Dividend and Declare Final Dividend

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 636,406,574 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 636,406,574
Largest asset managers voting on “Confirm First and Second Interim Dividend and Declare Final Dividend” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

15. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Accounts and Reports” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

16. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Allocation of Profits/Dividends” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

17. To confirm payment of 1ST and 2ND interim dividend and declare final dividend for the financial year 2022-23

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO CONFIRM PAYMENT OF 1ST AND 2ND INTERIM DIVIDEND AND DECLARE FINAL DIVIDEND FOR THE FINANCIAL YEAR 2022-23

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO CONFIRM PAYMENT OF 1ST AND 2ND INTERIM DIVIDEND AND DECLARE FINAL DIVIDEND FOR THE FINANCIAL YEAR 2022-23” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

18. Authorize Capitalization of Reserves for Issue of Bonus Shares

No official resultsCAPITAL STRUCTURE

87% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 555,274,278 for, 81,132,296 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 555,274,278AGAINST: 81,132,296
Largest asset managers voting on “Authorize Capitalization of Reserves for Issue of Bonus Shares” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock080,755,781 00Against
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

19. Bonus Share Issuance

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Bonus Share Issuance” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

20. To capitalize reserves of the company to issue bonus shares

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO CAPITALIZE RESERVES OF THE COMPANY TO ISSUE BONUS SHARES

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO CAPITALIZE RESERVES OF THE COMPANY TO ISSUE BONUS SHARES” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

21. Approve Remuneration of Cost Auditors

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 636,406,574 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 636,406,574
Largest asset managers voting on “Approve Remuneration of Cost Auditors” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

22. Authorize Board to Fix Remuneration of Statutory Auditors

No official resultsAUDIT-RELATED

99.8% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 635,739,745 for, 666,829 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 635,739,745AGAINST: 666,829
Largest asset managers voting on “Authorize Board to Fix Remuneration of Statutory Auditors” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Capital Group226,325,5130 00For
Fidelity106,393,2730 00For
Vanguard97,160,6750 00For
BlackRock80,755,7810 00For
WisdomTree15,519,7510 00For
Aberdeen14,775,6880 00For
MATTHEWS INTERNATIONAL FUNDS10,201,0140 00For
T. Rowe Price9,087,1560 00For
Dimensional8,868,2270 00For
TIAA6,755,1620 00For
State Street6,709,6670 00For
INDIA FUND, INC.6,634,1840 00For
DRIEHAUS MUTUAL FUNDS5,768,7660 00For
Brighthouse5,695,3240 00For
Northwestern Mutual5,312,2600 00For
Victory Capital4,466,6470 00For
Virtus4,318,9120 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST3,255,7450 00For
AllianceBernstein2,947,8470 00For
American Century2,512,3830 00For
Allspring1,895,0090 00For
Invesco1,655,6710 00For
Franklin Templeton987,2630 00For
Northern Trust862,3040 00For
AIG/SunAmerica835,1330 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

23. Approve Payment of Fees to Cost Auditors

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Approve Payment of Fees to Cost Auditors” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

24. Authority to Set Auditor's Fees

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 10 asset managers

The 10 asset managers below reported 52,184,828 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 52,184,828
Largest asset managers voting on “Authority to Set Auditor's Fees” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard34,987,7220 00For
Charles Schwab8,929,2150 00For
Hartford2,600,8440 00For
SEI2,519,3210 00For
Russell Investments2,011,5000 00For
Prudential/PGIM578,2550 00For
IMPAX FUNDS SERIES TRUST I406,2890 00For
Transamerica109,9000 00For
ADVISORS' INNER CIRCLE FUND37,7000 00For
Federated Hermes4,0820 00For

25. Ratification of remuneration of the cost auditors for the financial year 2023-24

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: RATIFICATION OF REMUNERATION OF THE COST AUDITORS FOR THE FINANCIAL YEAR 2023-24

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “RATIFICATION OF REMUNERATION OF THE COST AUDITORS FOR THE FINANCIAL YEAR 2023-24” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

26. To authorize the board of directors of the company to fix the remuneration of the statutory auditors for the financial…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO AUTHORIZE THE BOARD OF DIRECTORS OF THE COMPANY TO FIX THE REMUNERATION OF THE STATUTORY AUDITORS FOR THE FINANCIAL YEAR 2023-24

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO AUTHORIZE THE BOARD OF DIRECTORS OF THE COMPANY TO FIX THE REMUNERATION OF THE STATUTORY AUDITORS FOR THE F” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

27. To receive, consider and adopt the audited financial statements including consolidated financial statements of the…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 9 asset managers

Description as filed by funds: TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS INCLUDING CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2023, TOGETHER WITH THE BOARD'S REPORT, THE AUDITORS' REPORT THEREON AND COMMENTS OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA

The 9 asset managers below reported 29,075,610 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,075,610
Largest asset managers voting on “TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS INCLUDING CONSOLIDATED FINANCIAL STATEMENTS OF” at POWER GRID CORPORATION OF INDIA LTD., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cohen & Steers15,980,8960 00For
CULLEN FUNDS TRUST7,674,0000 00For
JPMorgan2,275,9290 00For
John Hancock1,756,2610 00For
Jackson National650,9430 00For
Advisors' Inner Circle Fund III635,0000 00For
GPS Funds I52,1020 00For
Calamos25,6240 00For
Krane Shares Trust24,8550 00For

Largest POWER GRID CORPORATION OF INDIA LTD. shareholders voting in 2023-2024

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top POWER GRID CORPORATION OF INDIA LTD. shareholders by shares voted on “Accept Financial Statements and Statutory Reports”, 2023-2024
#Asset manager Shares voted
1Capital Group 226,325,513
2Fidelity 106,393,273
3Vanguard 97,160,675
4BlackRock 80,755,781
5WisdomTree 15,519,751
6Aberdeen 14,775,688
7MATTHEWS INTERNATIONAL FUNDS 10,201,014
8T. Rowe Price 9,087,156
9Dimensional 8,868,227
10TIAA 6,755,162

Shown as share counts, not percentages: no shares-outstanding figure has been matched to POWER GRID CORPORATION OF INDIA LTD. for the 2023-2024 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

POWER GRID CORPORATION OF INDIA LTD. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.

Cite this page

proxyvotesnow.com, “POWER GRID CORPORATION OF INDIA LTD. 2023 Annual Meeting (2023-2024 season)”, https://proxyvotesnow.com/company/power-grid-corporation-of-india-limited/2024 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.