JPPOWERNSEJAIPRAKASH POWER VEN. LTD· PowerMediumNeutral
Announced Tue, 28 Jul · 11:42 IST

Independent Director ceases on completion of maximum tenure

Management Changes View source PDF

JPPOWER · price

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Price reaction · full curve 14 horizons · vs prior close
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₹16.99
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₹16.95
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AI summary

Smt. Vandana R. Singh (DIN 03556920), Independent Director of Jaiprakash Power Ventures, will step down from the board from close of business on 26 July 2026. She is completing her second term of three years, which is the maximum permitted under Section 149(11) of the Companies Act, 2013.

Likely market impact

Routine change due to end of allowed tenure. No material impact on operations expected; company will need to appoint a new Independent Director.