Announced Sat, 27 Jun · 14:26 IST
Nabha Power seeks reclassification from Promoter Group to Public
Ownership Changes View source PDF
LTTS · 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
-6.0%1-day move
₹3329.00
prior close
₹3322.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.2-1.1-2.2-6.0-8.4-4.5-3.6-5.4-5.5+1.0———
Up moveDown movePending
AI summary
Nabha Power Limited (NPL), currently listed under the Promoter Group of LTTS, has requested reclassification to the Public category. NPL holds zero shares in LTTS. The request follows NPL ceasing to be a subsidiary of L&T Power Development Limited (a wholly owned subsidiary of Larsen and Toubro) after its full equity was transferred to Torrent Power. The LTTS Board will consider the request at its next meeting.
Likely market impact
Purely procedural and housekeeping. NPL holds zero shares, so there is no change in shareholding pattern or any material effect on shareholders.