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Jaiprakash Power Ventures updates on scheme of arrangement

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Capital Market
Last Updated : Sep 01 2015 | 9:01 PM IST

Scheme becomes effect 01 September 2015

Jaiprakash Power Ventures announced that consequent upon filing of the Scheme of Arrangement with the Registrar of Companies, Chandigarh on 01 September 2015, the said Scheme has since become effective. Accordingly, the businesses in relation to Company's Baspa-II Hydro Power Plant and Karcham Wangtoo Hydro Power Plant along with their assets, liabilities, rights, interests, obligations etc. stand transferred and vested in Himachal Baspa Power Company with effect from 01 September 2015.

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First Published: Sep 01 2015 | 8:13 PM IST

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