NSEGeneral Updates3d ago · 19 Sept 2026, 01:41 pm
General Updates
Jaiprakash Power Ventures Limited · JPPOWER
✦ AI SummaryDebt Restruc.
Jaiprakash Power Ventures Limited has disclosed settlement terms with National Asset Reconstruction Company Limited (NARCL) to settle the matter/claim, subject to payment of Rs. 511.00 crores as full and final payment and fulfilment of certain conditions. The IBC proceedings will stand withdrawn once all conditions are fulfilled.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Disclosure under Regulation 30 of SEBI (LODR) 2015, on Settlement Terms
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JPPOWER_19092026134044_signedupdate_reg_30_19092026.pdf
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JAIPRAKASH
POWER VENTURES LIMITED
Ref: JPVL:SEC:2026 19th September, 2026
The Manager, The Manager,
Listing Department, Listing Department,
National Stock Exchange of India Ltd., BSE Limited,
"Exchange Plaza", C-1, Block G, 2 5 th F l o o r, New Trading Ring,
Bandra-Kurla Complex, Rotunda Building,
Bandra (E), P J Towers, Dalal Street, Fort,
Mumbai -400 051 Mumbai - 400 001
Scrip Code: JPPOWER Scrip Code: 532627
Ref: Our disclosure dated 27th February, 2026 relating to initiation of
IBC proceedings
Sub: Settlement Terms
Dear Sirs,
As an update to above referred disclosure, this is to inform that National Asset
Reconstruction Company Limited (NARCL) and the Company have agreed to
settle the matter/ claim, subject to payment of Rs. 511.00 croes as full and final
payment and fulfilment of certain other conditions and execution of definitive
agreement(s). The IBC proceedings shall stand withdrawn once all the conditions
of settlement terms are fulfilled.
The Company will keep the stock exchanges informed of any further
developments in this matter.
Thanking you,
Yours faithfully,
For Jaiprakash Power Ventures Limited
MAHESH CHATURVEDI
G.M. & Company Secretary
FCS 3188
Corp. Office 'JA House', 63, Basant Lok, Vasant Vihar, New Delhi - 110 057 (India) Ph.:+91(11) 49828500 Fax:+91(11) 26145289
Regd. Office Complex of Jaypee Nigrie Super Thermal Power Plant, Nigrie Tehsil Sarai,
Distt. Singrauli - 486669,(M.P.) Ph. : +91 (7801) 286021-39 Fax : +91 (7801) 286020
E-mail : jpvl.investor@jalindia.co.in, Website : www.jppowerventures.com
CIN : L40101MP1994PLC042920