SJVN Ltd

SJVN Ltd has announced the closure of its trading window from October 01, 2026, until 48 hours after the declaration of financial results for the quarter and year ending September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date of the Board Meeting to consider these financial results will be communicated later. This action is a standard regulatory procedure to prevent potential insider trading ahead of financial disclosures.

SJVN Ltd has received notices from BSE and NSE imposing fines totaling ₹13,44,020 for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company cited its status as a Government Company and the vesting of director appointment powers with the President of India, acting through the Ministry of Power, as reasons for the delays. SJVN has requested the relevant ministries to expedite the appointment of Independent Directors and CMD. The fines are primarily for non-compliance with regulations pertaining to board composition, quorum, and constitution of various committees, including the Audit Committee and Nomination and Remuneration Committee, up to June 2026.

SJVN Ltd, through its wholly owned subsidiary SJVN Thermal Private Limited, announced the scheduled commercial operation of Unit-II (660 MW) of the 1,320 MW Buxar Thermal Power Project on September 12, 2026. Located in Bihar, the project utilizes supercritical technology for enhanced efficiency and reduced environmental impact. It is expected to generate 9,828.72 Million Units of electricity annually, with 85% allocated to Bihar under a long-term Power Purchase Agreement. This development is poised to significantly boost power availability in Bihar and the Eastern Region, addressing peak-hour shortages and strengthening energy security.

SJVN Ltd announced that the Ministry of Power has extended the additional charge of Chairman & Managing Director (CMD) to Shri Bhupender Gupta. This extension is effective from August 01, 2026, for a period of six months or until a regular incumbent assumes charge, whichever is earlier. Shri Gupta, who is also the CMD of NHPC Limited, holds a bachelor's degree in electrical engineering and an MBA. He has extensive experience in hydropower project planning, erection, commissioning, and O&M, as well as project financing and management in various government-owned enterprises.

SJVN Ltd announced the successful completion of a 72-hour trial run for Unit-2 of its 1,320 MW Buxar Thermal Power Project in Bihar. This milestone signifies the project's readiness for commercial operation. The unit, part of a project implemented by SJVN Thermal Private Limited (STPL), utilizes supercritical technology for enhanced efficiency and reduced environmental impact. Upon full commissioning, the Buxar project is expected to generate approximately 9,828.72 million units of electricity annually, contributing to India's energy needs. Management congratulated employees and stakeholders on this significant achievement in SJVN's thermal power expansion.

SJVN Ltd has been fined ₹13,44,020 by both BSE and NSE for non-compliance with SEBI Listing Regulations concerning board composition and committee quorum. The violations stemmed from a lack of requisite independent directors. The company has since appointed an independent director, reconstituting relevant committees and achieving compliance. SJVN is actively pursuing the matter with the Ministry of Power for further appointments and will request a waiver of the fines.

SJVN Ltd has announced the successful achievement of Commercial Operation Date (COD) for its 75 MW Jamui Solar Power Project located in Bihar. Executed by its wholly-owned subsidiary, SJVN Green Energy Limited (SGEL), the project is expected to generate approximately 90 million units of electricity in its first year and 3,522 million units over 25 years. Developed on 300 acres at a cost of ₹342 crore, the project will supply power to the State of Bihar at a tariff of ₹2.96 per unit. This commissioning contributes to India's renewable energy targets and aims to reduce carbon emissions by an estimated 82,250.74 tonnes annually. The project also brings direct and indirect employment opportunities to the local community.

SJVN Ltd has announced the successful achievement of Commercial Operation Date (COD) for its 75 MW Jamui Solar Power Project located in Jamui District, Bihar. Executed by its wholly-owned subsidiary, SJVN Green Energy Limited (SGEL), the project is expected to generate approximately 90 million units of electricity annually. Developed on 300 acres of land at a cost of ₹1,342 crore, the project will supply power to the State of Bihar at a tariff of ₹2.96 per unit. This commissioning is a significant step towards SJVN's renewable energy goals and contributes to India's target of 500 GW renewable energy capacity by 2030, while also reducing carbon emissions.

SJVN Ltd has announced Monday, August 24, 2026, as the record date for determining shareholder eligibility for a final dividend of ₹0.35 per equity share for the financial year 2025-26. This dividend is subject to declaration at the company's 38th Annual General Meeting (AGM), scheduled for Monday, August 31, 2026, to be held via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company is also providing remote e-voting facilities from August 28 to August 30, 2026, for all resolutions.

SJVN Ltd has announced Monday, August 24, 2026, as the record date for determining shareholder eligibility for a final dividend of ₹0.35 per equity share for the financial year 2025-26. This dividend is subject to declaration at the company's 38th Annual General Meeting (AGM), scheduled for Monday, August 31, 2026, to be held via Video Conferencing. The AGM notice also confirms the interim dividend of ₹1.15 per share already declared in February 2026. Members can cast their votes remotely from August 28 to August 30, 2026.