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Jaiprakash Power Ventures Limited ( (IN:JPPOWER) ) has issued an announcement.
Jaiprakash Power Ventures Limited has disclosed that its Non-Executive Director and Chairman, Manoj Gaur, has been released on interim bail by the Additional Sessions Judge-7 at Patiala House Court, New Delhi, in connection with an ongoing Enforcement Directorate investigation involving Jaypee Infratech Limited and Jaiprakash Associates Limited. The development highlights continuing legal and regulatory scrutiny around related group entities, keeping governance and compliance issues in focus for investors and other stakeholders, although the company has framed this update as a regulatory disclosure rather than an operational change.
More about Jaiprakash Power Ventures Limited
Jaiprakash Power Ventures Limited operates in the power sector, focusing on the generation and supply of electricity. The company is part of the broader Jaypee Group, with exposure to infrastructure-linked businesses through its associations with group entities such as Jaypee Infratech Limited and Jaiprakash Associates Limited.
Average Trading Volume: 7,424,777
Technical Sentiment Signal: Sell
Current Market Cap: 101.1B INR
See more data about JPPOWER stock on TipRanks’ Stock Analysis page.