NHPC Limited has informed the Exchange about the Notice of MCA convened Meeting of Unsecured Creditors to be held on September 29, 2025.

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹79.78

prior close

₹78.34

announcement price

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.2%-0.4% vs market

Power Generation peers, median of 26sector-0.7%-0.9% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.9 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.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NHPC Limited has informed the stock exchanges that a meeting of its Unsecured Creditors (those with debt exceeding Rs. 1 crore as on 31.03.2024) will be held on September 29, 2025 at 4:00 PM via video conferencing, pursuant to an order from the Ministry of Corporate Affairs (MCA) dated 22.05.2025. The purpose is to consider and approve the Scheme of Amalgamation of Jalpower Corporation Limited (JPCL), a wholly owned subsidiary of NHPC, with NHPC Limited. The appointed date for the amalgamation is April 1, 2024. Remote e-voting will be open from September 25 to September 28, 2025. JPCL has outstanding debt of Rs. 657 Crores to secured creditors and Rs. 74.23 Crores to unsecured creditors. Since JPCL is wholly owned by NHPC, no new shares will be issued and there will be no change in NHPC's shareholding pattern. The scheme was originally approved by the Boards of both companies in November 2022 and was filed with MCA in February 2024.

Likely market impact

This is a procedural step in a straightforward internal restructuring — merging a wholly owned subsidiary into the parent. For NHPC shareholders, there is no dilution, no change in shareholding pattern, and no new shares being issued. The amalgamation is expected to bring operational synergies, reduce overhead costs, and simplify compliance. The stock price is unlikely to be materially impacted as this is a routine consolidation of an already wholly owned entity.