Updates
Jaiprakash Power Ventures Ltd has informed BSE that the Joint Lenders Forum meeting held to review the progress made so far on the Corrective Action Plan, has recommended for invocation of Strategic Debt Restructuring (SDR) taking July 25, 2016 as reference date, subject to approval of lenders. Further Clarifies on news item
With reference to the news flashed on CNBC TV 18 "JSW Energy in talks to buy JP stake in JP Powergrid. JP hold 74% stake in JP powergrid: remaining held by Powergrid", Jaiprakash Power Ventures Ltd has submitted to BSE a copy of further Clarification is enclosed. Clarifies on news item
With reference to the news flashed on CNBC TV 18 "JSW Energy in talks to buy JP stake in JP Powergrid. JP hold 74% stake in JP powergrid: remaining held by Powergrid", Jaiprakash Power Ventures Ltd has submitted to BSE a copy of Clarification is enclosed. Clarification sought from Jaiprakash Power Ventures Ltd
The Exchange has sought clarification from Jaiprakash Power Ventures Ltd with reference to the news flashed on CNBC TV 18 "JSW Energy in talks to buy JP stake in JP Powergrid. JP hold 74% stake in JP powergrid: remaining held by Powergrid"The reply is awaited.
Jaiprakash Power reports higher-than-expected Q1 net loss
Jaiprakash Power Ventures reported a standalone net loss of Rs196.16 crore in the June quarter, against a Rs66.96 crore net profit a year ago Statement on Impact of Audit Qualifications for the period ended March 31, 2016
Jaiprakash Power Ventures Ltd has submitted to BSE a copy of :1. Standalone Statement on Impact of Audit Qualifications for the period ended March 31, 20162. Consolidated Statement on Impact of Audit Qualifications for the period ended March 31, 2016. Outcome of Board Meeting
Jaiprakash Power Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 18, 2016, inter alia:1. Considered and accepted the recommendations of the Committee of Directors as well as the Audit Committee, for hive off and transfer of 500 MW Bina Thermal Power Plant as a going concern basis to its subsidiary Bina Power Supply Limited (BPSL) through the Scheme of Arrangement (Scheme) approved... Announces Q1 Results (Standalone) & Limited Review Report (Standalone) for the Quarter ended June 30, 2016
Jaiprakash Power Ventures Ltd has announced the following results for the quarter ended June 30, 2016The Un-Audited Standalone results for the Quarter ended June 30, 2016The Company has posted a net (loss) of Rs. (1961.60) million for the quarter ended June 30, 2016 where as the net profit was at Rs. 669.60 million for the quarter ended June 30, 2015. Total Income is Rs. 7674.50 million for the quarter ended Juen 30, 2016 where as... Jaiprakash Power jumps ahead of board meeting
The stock hit a high of Rs 6.07 and a low of Rs 5.65 so far during the day Board Meeting on July 18, 2016
With reference to the earlier letter dated July 11, 2016, intimating the date of next Board Meeting i.e. July 18, 2016, inter alia, to consider and approve Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2016 (Q1). Jaiprakash Power Ventures Ltd has now informed BSE that the Board in the said meeting will also consider the proposed Scheme of Arrangement for hive-off and transfer of 500 MW Jaypee Bina Thermal Power...