Announced Sat, 19 Sept, 2026 · 13:38 IST
Settlement of IBC proceedings with NARCL for Rs 511 crores
JPPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹15.34
prior close
₹16.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+1.6+3.6+4.9+5.3+4.5+3.3+3.8+1.2-1.2————
Up moveDown movePending
AI summary
Jaiprakash Power Ventures has agreed to settle its matter with National Asset Reconstruction Company (NARCL) by paying Rs 511 crores as full and final settlement. The IBC proceedings, initiated earlier in February 2026, will be withdrawn once all conditions of the settlement are fulfilled and definitive agreements are signed.
Likely market impact
Positive for shareholders as company avoids insolvency proceedings; however Rs 511 crores cash outflow required for full settlement.