NHPC's Shareholding in Ratle Hydroelectric Power Corporation Reduces to 49.72%
NHPC Limited has reported a temporary decrease in its shareholding in subsidiary Ratle Hydroelectric Power Corporation Limited (RHPCL) from 59.51% to 49.72%. This 9.79 percentage point reduction is due to additional equity contribution from Jammu and Kashmir State Power Development Corporation Limited (JKSPDC), another promoter of RHPCL. NHPC plans to contribute matching equity to restore its proportional stake, with the process currently underway.

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NHPC Limited has announced a change in its shareholding pattern in subsidiary company Ratle Hydroelectric Power Corporation Limited (RHPCL). The power generation company informed the stock exchanges about this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Shareholding Change Details
The shareholding and voting rights of NHPC Limited in RHPCL have changed significantly due to corporate restructuring activities. The following table shows the shareholding transition:
| Parameter | Details |
|---|---|
| Previous Shareholding | 59.51% |
| Current Shareholding | 49.72% |
| Change | Decrease of 9.79 percentage points |
| Subsidiary Company | Ratle Hydroelectric Power Corporation Limited |
Reason for Change
The reduction in NHPC's shareholding percentage occurred due to receipt of additional equity contribution from Jammu and Kashmir State Power Development Corporation Limited (JKSPDC). This entity is identified as another promoter of RHPCL, indicating the multi-promoter structure of the hydroelectric power project.
Temporary Nature of Change
NHPC has clarified that this shareholding reduction represents a temporary situation. The company has indicated that its shareholding in RHPCL will increase after NHPC contributes matching equity to maintain its proportional stake in the subsidiary.
Current Status
The process for NHPC to contribute matching equity is currently underway. The company has committed to provide further updates on developments in this matter as they occur. This approach demonstrates NHPC's intention to maintain its significant stake in the hydroelectric power project.
Regulatory Compliance
The announcement was made through proper regulatory channels, with Company Secretary Rupa Deb signing the official communication. The disclosure ensures transparency regarding changes in subsidiary company shareholding patterns, maintaining compliance with stock exchange listing requirements.
Historical Stock Returns for NHPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.10% | +7.47% | +8.18% | -2.16% | +2.05% | +261.99% |
















































