NHPC Limited's Holding in Subsidiary CVPPL Revised from 58.16% to 50.86%

NHPC Limited , a Navratna Enterprise under the Government of India, has informed the stock exchanges of a change in its shareholding and voting rights in its subsidiary, M/s Chenab Valley Power Projects Limited (CVPPL). The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, through a formal communication dated May 11, 2026, signed by the Company Secretary.

Change in Subsidiary Shareholding

NHPC's stake in CVPPL has been revised following receipt of additional equity contribution from M/s Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL), which is another promoter of CVPPL. As a result of this additional equity infusion by JKSPDCL, NHPC's proportionate shareholding and voting rights in CVPPL have been reduced. The following table summarises the change in NHPC's holding:

Parameter:	Details
Subsidiary Company:	Chenab Valley Power Projects Limited (CVPPL)
Previous Shareholding (NHPC):	58.16%
Revised Shareholding (NHPC):	50.86%
Reason for Change:	Additional equity contribution received from JKSPDCL
Other Promoter:	M/s Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL)
Regulatory Compliance:	Regulation 30 of SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The intimation was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited, in accordance with applicable listing obligations. The communication was issued from NHPC's registered office at NHPC Office Complex, Sector-33, Faridabad, Haryana, under reference number NH/CS/199. CVPPL continues to remain a subsidiary company of NHPC Limited following this change in shareholding.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.78%	-6.05%	+1.36%	-4.68%	-6.19%	+193.76%

NHPC Limited , a Navratna Enterprise under the Government of India, has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Friday, May 15, 2026. The intimation has been issued in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will take up several key agenda items, including the review of audited financial results and a proposed bond issuance.

Key Agenda Items for the Board Meeting

The board meeting on May 15, 2026 is set to deliberate on multiple significant proposals. The following table summarises the agenda items scheduled for consideration:

Agenda Item:	Details
Financial Results:	Audited Standalone and Consolidated results for the quarter and year ended March 31, 2026
Dividend Recommendation:	Final dividend, if any, for FY 2025-26
Bond Issuance Plan:	Perusal of Key Information Document (KID) for raising funds up to ₹2,000 crore via private placement
Bond Type:	Listed, Unsecured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds
Borrowing Plan Period:	FY 2026-27

Bond Issuance Under FY 2026-27 Borrowing Plan

A notable item on the agenda is the review of the Key Information Document (KID) related to the proposed fundraising exercise. NHPC plans to raise funds of up to ₹2,000 crore through the issuance of listed, unsecured, non-cumulative, non-convertible, redeemable, taxable bonds via private placement. This forms part of the company's borrowing plan for FY 2026-27.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in NHPC's securities has been closed since Wednesday, April 1, 2026. The closure will remain in effect until Sunday, May 17, 2026 (both days inclusive), covering the period around the board meeting and the announcement of financial results.

The intimation was signed by Rupa Deb, Company Secretary of NHPC, and was addressed to both BSE Limited and the National Stock Exchange of India Limited.