JPVL Chairman Manoj Gaur surrenders to judicial authorities
JPPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 0.8 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shri Manoj Gaur, Non-Executive Director and Chairman of Jaiprakash Power Ventures, surrendered before judicial authorities on 19th February 2026 after his interim bail expired. This relates to the Enforcement Directorate's ongoing investigation into Jaypee Infratech and Jaiprakash Associates. The company had previously disclosed this matter in November 2025 and January 2026.
Leadership uncertainty as Chairman is in custody; may weigh on stock sentiment and governance perception.