Jaiprakash Power Ventures sets 31st AGM for July 30, 2026

0 min read     Updated on 07 Jul 2026, 05:46 AM
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Jaiprakash Power Ventures Limited will hold its 31st Annual General Meeting on July 30, 2026, via video conferencing. The Register of Members and Share Transfer Books will remain closed from July 24, 2026, to July 30, 2026. Remote e-voting is scheduled from July 27, 2026, to July 29, 2026.

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Jaiprakash Power Ventures Limited will hold its 31st Annual General Meeting (AGM) on Thursday, July 30, 2026, at 11:30 A.M. through video conferencing and other audio-visual means. The meeting will be conducted without the physical presence of members at a common venue, in compliance with the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI).

The Register of Members and Share Transfer Books of the company will remain closed from July 24, 2026, to July 30, 2026 (both days inclusive) for the purpose of the AGM. This closure period determines the eligibility of members to attend and vote at the meeting.

Event Date
31st Annual General Meeting July 30, 2026
Book Closure Period July 24, 2026 to July 30, 2026
Financial Year End March 31, 2026
Remote E-voting Start July 27, 2026
Remote E-voting End July 29, 2026

Historical Stock Returns for Jaiprakash Power Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-0.24%-5.94%+14.92%-21.20%+219.81%

What key strategic initiatives or capital allocation plans are expected to be proposed during the AGM?

How might the company's performance in FY2026 influence shareholder sentiment and voting outcomes?

Will the management provide updated guidance on debt reduction or asset monetization during the meeting?

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ICICI Bank reduces stake in Jaiprakash Power Ventures to 4.40%

1 min read     Updated on 06 Jul 2026, 08:33 PM
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ICICI Bank Limited sold 13,80,00,000 equity shares, representing a 2.01% stake, in Jaiprakash Power Ventures Ltd via open market sales ending July 03, 2026. This reduced the bank's holding from 6.42% to 4.40%. The disclosure was filed under SEBI takeover regulations.

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ICICI Bank Limited has reduced its shareholding in Jaiprakash Power Ventures Ltd by selling 13,80,00,000 equity shares through open market transactions. The disposal, representing approximately 2.01% of the paid-up equity share capital, was executed in multiple tranches, with the final sale occurring on July 03, 2026. Following the transaction, the bank's holding in the company has decreased from 6.42% to 4.40%.

The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. ICICI Bank clarified that it does not belong to the promoter or promoter group of the target company. The shares sold carried voting rights, and there were no encumbrances or other instruments involved in the transaction.

Shareholding Details

The sale has altered the bank's position in Jaiprakash Power Ventures Ltd . Prior to the sale, ICICI Bank held 43,98,61,064 equity shares, which accounted for 6.42% of the total voting capital. Post-transaction, the bank retains 30,18,61,064 equity shares.

Description Number of Shares % of Total Share Capital
Holding Before Sale
Shares carrying voting rights 43,98,61,064 6.42%
Details of Sale
Shares sold 13,80,00,000 2.01%
Holding After Sale
Remaining shares 30,18,61,064 4.40%

The total equity share capital of Jaiprakash Power Ventures Ltd remains at Rs. 68,53,45,88,270, comprising 6,85,34,58,827 equity shares of Rs. 10 each. The diluted share capital also remains unchanged following the transaction.

Historical Stock Returns for Jaiprakash Power Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%-0.24%-5.94%+14.92%-21.20%+219.81%

What are ICICI Bank's strategic reasons for reducing its exposure to the power sector at this time?

How will the increased free float of Jaiprakash Power Ventures shares impact the stock's liquidity and volatility?

Is ICICI Bank planning to completely divest its remaining 4.40% stake in the near future?

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