NHPC (NHPC) — Corporate Action

NHPC Limited announced a secured creditors meeting on September 29, 2025, to approve the amalgamation of its wholly-owned subsidiary Jalpower Corporation Limited (transferor) with NHPC Limited (transferee). The scheme, approved by the Ministry of Corporate Affairs on May 22, 2025, requires approval from secured creditors (debt >₹1 crore), equity shareholders, and the Government of India. Remote e-voting runs September 25–28, 2025. As of March 31, 2024, Jalpower had ₹657 crores in secured creditor liabilities. No new shares will be issued; all assets and liabilities transfer to NHPC to streamline operations and reduce administrative costs.

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About NHPC Limited (NHPC)

Power · Power · Listed on NSE

Market Cap: ₹77,135.82 Cr P/E: 28.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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