Announced Sat, 27 Jun · 14:50 IST
Nabha Power seeks reclassification from Promoter Group to Public
Ownership Changes View source PDF
LTM · 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
-5.8%1-day move
₹3762.00
prior close
₹3775.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.8-0.8-0.9-5.8-5.8-1.9-0.1-0.7+0.8+8.7———
Up moveDown movePending
AI summary
Nabha Power Limited (NPL) has asked LTM Limited to move its name from the Promoter Group category to the Public category. NPL currently holds zero shares in LTM. The request follows NPL ceasing to be a subsidiary of L&T Power Development Limited (a wholly owned unit of Larsen & Toubro) after L&T PDL transferred its entire stake in NPL to Torrent Power. NPL says it meets the SEBI conditions for reclassification. The request will be reviewed at the next board meeting.
Likely market impact
Procedural only — NPL holds no shares, so there is no change in ownership or voting power. No material impact on shareholders.