NHPC Limited has informed the Exchange for Newspaper Publication, published on 26.08.2025 regarding meeting of Shareholders for amalgamation of JPCL with NHPC Limited to be held through VC/OAVM.
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NHPC Limited has informed the stock exchanges about a newspaper notice published on 26 August 2025 regarding a meeting of shareholders for the proposed amalgamation of Jalpower Corporation Limited (JPCL) with NHPC Limited. The shareholder meeting will be conducted through video conferencing or other audio-visual means (VC/OAVM), in compliance with SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). The notice was published in Financial Express (English, all editions) and Jansatta (Hindi, Delhi NCR edition). No specific financial details, swap ratios, or timelines for the merger were disclosed in this particular filing.
This is a procedural disclosure related to an ongoing amalgamation process. Shareholders will get a chance to vote on the JPCL merger, but the stock is unlikely to react materially until swap ratio, timelines, and final approval details are announced.