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Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid.
DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process-Post facto intimation of the 7th (Seventh) Meeting of the Committee of Creditors (CoC) of India Power Corporation Limited (IPCL)
India Power acquired 100% of DPSC Distribution Limited for Rs 0.05 Cr, making it a wholly-owned subsidiary. DPSC Distribution operates in the power sector but is yet to commence business, aligning with India Power's core operations.
India Power's step-down subsidiary, IUPSPL, will be struck off. IUPSPL reported negligible income and a net worth of 1.20 Cr last financial year. This move streamlines the corporate structure.
India Power Corporation Limited has launched the 'Saksham Niveshak' campaign to assist shareholders in claiming unpaid dividends. Shareholders are urged to update KYC details, including PAN, bank, and nomination information, to prevent forfeiture.
India Power Corporation Limited has announced a name change of its wholly owned subsidiary from Parmeshi Energy Limited to IPCL Power Limited. This aligns the subsidiary’s identity more closely with the parent company, potentially improving brand clarity and market presence. The change may indicate strategic positioning or future growth plans...