The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Adani Power Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

JPPOWER · price

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▲ 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

+2.0%1-day move

₹18.78

prior close

₹19.07

base price

After-mkt

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+0.8+0.5+1.7+0.7+2.0+22.2+16.0+0.3+1.3+1.4-4.4-4.8-9.5—

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AI summary

Jaiprakash Associates Limited (JAL), a promoter of Jaiprakash Power Ventures Limited (JPVL), has disclosed the sale of 1,64,48,30,118 equity shares representing 24% of the total voting capital of JPVL. The acquirer is Adani Power Limited. The sale was completed on 21.05.2026 via an off-market transaction. JAL sold its entire promoter holding in one go, reducing its stake from 24% to 0%. The total share capital of JPVL is 6,85,34,58,827 equity shares of Rs. 10 each.

Likely market impact

This is a significant change in control — Adani Power Limited is acquiring a 24% promoter stake in JPVL, which crosses the SEBI threshold requiring this disclosure. Existing shareholders should watch for any mandatory open offer obligations triggered by this acquisition.