Jaiprakash Power Ventures Legal & Regulatory
Jaiprakash Power Ventures reached a settlement with NARCL to resolve IBC proceedings for Rs. 511.00 Crore. The proceedings will be withdrawn upon full payment and condition fulfillment.
- Value
- ₹511.0 Cr
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Jaiprakash Power Ventures reached a settlement with NARCL to resolve IBC proceedings for Rs. 511.00 Crore. The proceedings will be withdrawn upon full payment and condition fulfillment.
Jaiprakash Power Ventures reported ₹0.02 Crore in total fines paid to BSE and NSE for director-related non-compliance. The company also received a SEBI show cause notice.
Jaiprakash Power Ventures Ltd paid fines totaling ₹0.45 Crore to NSE and BSE for non-compliance with SEBI LODR Regulation 19 regarding committee composition. The penalties relate to consecutive quarters ended March and June 2023. The company confirmed these payments have no material impact on financial or operational activities.