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 The IBC proceedings will stand withdrawn once all conditions are fulfilled.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 The IBC proceedings shall stand withdrawn once all the conditions of settlement terms are fulfilled.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