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An update from Jaiprakash Power Ventures Limited ( (IN:JPPOWER) ) is now available.
Jaiprakash Power Ventures Limited disclosed that its non-executive director and chairman, Manoj Gaur, has surrendered before judicial authorities following the expiry of his interim bail on 19 February 2026. The action is connected to an Enforcement Directorate investigation involving group entities Jaypee Infratech Ltd. and Jaiprakash Associates Ltd., marking an escalation in the legal proceedings that could have governance and reputational implications for the company and its stakeholders.
More about Jaiprakash Power Ventures Limited
Jaiprakash Power Ventures Limited operates in the power generation sector in India, with assets including the Jaypee Nigrie Super Thermal Power Plant in Madhya Pradesh. The company focuses on thermal power generation and is listed on both the National Stock Exchange of India and BSE under the ticker JPPOWER.
Average Trading Volume: 5,552,880
Technical Sentiment Signal: Sell
Current Market Cap: 102.8B INR
See more data about JPPOWER stock on TipRanks’ Stock Analysis page.