StockWatch
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Power Generation
Shareholding29 May 2026, 01:41 pm

Jaiprakash Power: Adani Power Encumbers Shares

AI Summary

Adani Power Limited disclosed the encumbrance of 1,20,05,09,431 equity shares and a non-disposal undertaking over 10,21,88,566 equity shares of Jaiprakash Power Ventures Limited. The creation of pledge occurred on May 21, 2026, and the non-disposal undertaking on May 27, 2026. This disclosure is in accordance with SEBI regulations.

Key Highlights

  • Adani Power encumbered 1,20,05,09,431 equity shares of Jaiprakash Power via pledge.
  • A non-disposal undertaking was placed on 10,21,88,566 Jaiprakash Power equity shares.
  • The pledge creation took place on May 21, 2026.
  • The non-disposal undertaking was created on May 27, 2026.
  • Encumbered shares represent 19.01% of Adani Power's promoter shareholding.