DPSC Limited has informed the Exchange that the name of the Wholly Owned Subsidiary has been changed from Parmeshi Energy Limited to IPCL Power Limited with effect from 15th May, 2025
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DPSC Limited, now operating as India Power Corporation Limited, has informed the stock exchanges that its wholly owned subsidiary has been renamed from 'Parmeshi Energy Limited' to 'IPCL Power Limited', effective 15th May, 2025. The name change has received approval from the Central Processing Centre of the Ministry of Corporate Affairs (MCA). The intimation has been filed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. No other operational or financial changes have been mentioned in the announcement.
This is a routine administrative update with no direct impact on the company's financials or shareholder value. Investors should note the new name of the subsidiary for future reference, but the stock price is unlikely to be materially affected.