Jaiprakash Power Ventures Limited has informed the Exchange regarding Outcome of Board Meeting held on May 01, 2025.
JPPOWER · price
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The board of Jaiprakash Power Ventures met on May 1, 2025 and approved the appointment of M/s. VLA & Associates, Practicing Company Secretaries, as the company's Secretarial Auditors for a first term of 5 years covering FY 2025-26 to FY 2029-30, subject to shareholder approval. VLA & Associates has over 18 years of experience in secretarial services and holds a valid ICSI Peer Review Certificate. The board also approved payment of remuneration by way of commission to Executive and Non-Executive Directors, within the limits allowed under the Companies Act, 2013, again subject to shareholder approval.
This is a routine governance update with no material impact on operations or financials. The secretarial auditor appointment is a compliance requirement, and director commission was already permissible under existing law. No immediate effect on stock price is expected.