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Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity
Jaiprakash Power Ventures seeks shareholder approval for appointing three new directors, notably with strong Adani Group affiliations. The company will also consider approving commissions up to Rs 6.5 Cr for former Executive Directors and Rs 5 Cr for Non-Executive Directors, including Rs 4 Cr for former Chairman Manoj Gaur.
JPVL's FY26 net profit fell to ₹441.52 Cr. Adani Power acquired 24% stake, leading to board changes. FGD contracts terminated due to regulatory shift, costing ₹41.54 Cr. Coal mine surrender is planned. Auditors highlighted significant contingent liabilities and tax accounting differences. A correction to director commission figures changed 'Lakhs' to...
JPVL submitted its FY25-26 BRSR, highlighting operational gains in Zero Liquid Discharge, GHG reduction, and 100% fly ash utilization. The company secured new design patents. It faced a 1.79 Lakh penalty from stock exchanges, while allocating 1.48 Cr to CSR in aspirational districts.
Jaiprakash Power Ventures has announced its 31st Annual General Meeting will be held via Video Conferencing. Share transfer books will close for determining eligible members for the AGM.
NCLT approved Adani Enterprises' resolution plan for Jaiprakash Associates. JAL's shares will be delisted, and existing shareholders receive zero consideration as all shares are cancelled. Major implications for JAL equity holders.