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BSE SENSEX
73,651.35
+655.04
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Corporate Announcement
Security Code
533098
Company
NHPC LTD.
Exchange Received Time
31/03/2021 18:16:03
Exchange Disseminated Time
31/03/2021 18:16:08
Time Taken
00:00:05
Announcement Under Regulation 30- Update (Takeover Of Jalpower Corporation Limited By NHPC Limited) |
3/31/2021 6:16:03 PM
In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that NHPC Limited has completed the formalities for the takeover of Rangit Stage-IV HE Project (120 MW) on 31.03.2021 by remitting the resolution plan consideration of Rs. 165 Crore to the account of Jalpower Corporation Limited (JPCL) for distribution to the creditors as per the approved resolution plan. JPCL is now a Wholly Owned Subsidiary Company of NHPC Limited.
This is for your information and record.
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