DPSC Limited — Others, 26-05-2025: Shareholders meeting

India Power Corporation Limited has announced a board meeting for the appointment of Ms. Pragya Jhunjhunwala as an Independent Director for five years. She offers strong expertise in company secretarial matters, social and women empowerment, and the startup and internet economy. The company plans to transfer its Non-Regulated Business, including renewable energy, to its wholly owned subsidiary, IPCL Power Limited, via a slump sale valued at Rs. 14.38 Cr. This restructure aims to streamline operations, improve focus, and support growth and funding strategies, with consideration paid through equity shares of the subsidiary.