Jaiprakash power ventures Limited has filed its quarterly certificate under SEBI Regulation 74(5) for the quarter ended 31st March, 2026, maintaining compliance with regulatory requirements for share dematerialization processes. The company submitted the mandatory documentation to both major stock exchanges on 1st April, 2026.

Regulatory Compliance Filing

The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting on dematerialization activities. Company Secretary and General Manager Mahesh Chaturvedi (FCS – 3188) signed and submitted the documentation to the listing departments of both exchanges.

Registrar Certification

Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, provided the required certification confirming proper dematerialization procedures. General Manager Kamal Garg signed the certificate on behalf of Alankit Assignments Limited, validating the completion of all regulatory requirements.

The registrar's certificate confirms two critical compliance aspects:

• Securities comprised in the certificates have been listed on the stock exchanges
• Physical certificates have been mutilated and cancelled after due verification, with the depository name substituted in records as the registered owner

Process Verification

The certification process ensures that all securities received for dematerialization during Q4FY26 underwent proper verification procedures. This quarterly filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants, maintaining transparency in share transfer and dematerialization activities.

Alankit Assignments Limited operates under multiple SEBI registration numbers, including depository participant registrations with both NSDL and CDSL, ensuring comprehensive coverage of dematerialization services for the company's shareholders.

Jaiprakash Power Ventures has informed stock exchanges about a significant development regarding its promoter company, Jaiprakash Associates Limited. The National Company Law Tribunal (NCLT), Allahabad Bench, has orally pronounced an order approving the resolution plan for Jaiprakash Associates Limited under the corporate insolvency resolution process.

NCLT Approval Details

The tribunal approved the resolution plan submitted by Adani Enterprises Limited on March 17, 2026, under Section 31 of the Insolvency and Bankruptcy Code, 2016. The resolution plan was originally dated October 14, 2025, with email clarifications provided on November 5, 2025.

Impact on Shareholders

The approved resolution plan contains significant implications for existing shareholders of Jaiprakash Associates Limited. According to the assessment by Adani Enterprises Limited, the liquidation value is insufficient to satisfy even the claims of secured creditors in full.

Key provisions affecting shareholders include:

• Zero consideration offered to shareholders as part of the delisting process
• Complete cancellation of all existing share capital on the effective date
• Immediate delisting from relevant stock exchanges following NCLT approval

Securities Treatment Under Resolution Plan

The approved resolution plan outlines comprehensive treatment of existing securities:

Implementation Process

All necessary actions for implementing the delisting will be undertaken immediately following the NCLT approval. The resolution professional, insolvency professional, relevant stock exchanges, and other stakeholders are required to cooperate and provide assistance to Adani Enterprises Limited in this process.

The pre-CIRP issued share capital of Jaiprakash Associates Limited existing as on the effective date will be entirely cancelled and extinguished for zero consideration. The effective date is defined as a date not later than 90 days from the date of NCLT approval of the resolution plan.

Both Jaiprakash Power Ventures Limited and Jaiprakash Associates Limited have filed disclosures with BSE Limited and National Stock Exchange of India Limited regarding this development, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.