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Jaiprakash Power Ventures LimitedOthers, 17-04-2025: Disclosure under SEBI Takeover Regulations

17-04-2025 | 06:04 pm

Jaiprakash Associates Limited has disclosed that it did not make any encumbrance over its shareholding in Jaiprakash Power Ventures Limited during the financial year 2024-25, aside from previously reported encumbrances. This update reflects the stability of the promoter's position and potentially enhances investor confidence regarding governance practices and control over the subsidiary. By maintaining a clear shareholding structure, the company aims to reassure investors of its commitment to transparency, which could support a positive outlook in the market.

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