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Copel Receives Late Supervisory Board Nominations from BNDESPar Ahead of April AGM

Story Highlights
  • Copel disclosed BNDESPar’s late nominations to its Supervisory Board before the April 23, 2026 AGM.
  • Due to missed regulatory deadlines, the new candidates will only be voted by shareholders physically present at the meeting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Copel Receives Late Supervisory Board Nominations from BNDESPar Ahead of April AGM

Meet Samuel – Your Personal Investing Prophet

Companhia Paranaense de Energia Sponsored ADR ( (ELPC) ) just unveiled an announcement.

Companhia Paranaense de Energia – Copel reported that shareholder BNDES Participações S.A. has nominated Filipe Bordalo di Luccio as an alternate member and Verônica Gomes Vairo as a substitute member for the company’s Supervisory Board. The nominations, disclosed on April 8, 2026, come ahead of Copel’s 71st Annual General Meeting of Shareholders scheduled for April 23, 2026.

Because the nominations were received after the regulatory deadline for updating the remote voting ballot, Copel will not refile the ballot, and the new candidates will instead be voted on only by shareholders physically present at the meeting. All other conditions and timelines for the AGM remain unchanged, signaling that governance processes continue as planned despite the late submission of candidates by a major shareholder.

The most recent analyst rating on (ELPC) stock is a Buy with a $13.10 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Sponsored ADR stock, see the ELPC Stock Forecast page.

Spark’s Take on ELPC Stock

According to Spark, TipRanks’ AI Analyst, ELPC is a Outperform.

Overall score is driven by strong technical momentum and supportive valuation/income profile. Offsetting this is a middling financial-quality picture, where rising leverage and weak/volatile operating cash conversion temper confidence, while earnings-call guidance remains positive but acknowledges meaningful near-term cost and hydrology pressures.

To see Spark’s full report on ELPC stock, click here.

More about Companhia Paranaense de Energia Sponsored ADR

Companhia Paranaense de Energia – Copel is a Brazilian electricity utility based in Curitiba, Paraná, operating across generation, transmission and distribution of power. The company serves the state of Paraná and is listed on B3, the New York Stock Exchange and Latibex, giving it access to both domestic and international capital markets.

Average Trading Volume: 341,724

Technical Sentiment Signal: Buy

Current Market Cap: $9.45B

For a thorough assessment of ELPC stock, go to TipRanks’ Stock Analysis page.

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