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BSE SENSEX
80,749.11
+32.56
+0.04 %
Corporate Announcement
Security Code
533148
Company
JSW Energy Ltd
Exchange Received Time
25/06/2024 20:49:17
Exchange Disseminated Time
25/06/2024 20:49:17
Time Taken
00:00:00
Update On Material Litigation Under Regulation 30(4) Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
6/25/2024 8:49:17 PM
Please refer to our earlier intimation dated 6th March, 2024, on captioned subject informing that in a writ petition filed by JSW Hydro Energy Limited, a material step-down wholly owned subsidiary, the Hon'ble High Court of Himachal Pradesh, vide its Judgement dated 5th March, 2024, has inter-alia declared the Himachal Pradesh Water Cess on Hydropower Electricity Generation Act, 2023 and Rules framed thereunder to be beyond the legislative competence of the State Government and thus ultra vires the Constitution of India and accordingly quashed the same ('High Court Judgement'). In this regard, this is to inform you that the Government of Himachal Pradesh has filed a Special Leave Petition before the Hon'ble Supreme Court of India challenging the High Court Judgement.
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