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NHPC · NHPC Limited · BSE · Filed 22 Sept · 1 min read

NHPC's merger of wholly owned subsidiary Jalpower gets new hearing date of 28 September 2026

The Ministry of Corporate Affairs has set 28.09.2026 as the hearing date for the amalgamation of Jalpower Corporation into NHPC, replacing the earlier postponed date.

What was filed

NHPC Limited told the exchanges that the Ministry of Corporate Affairs has intimated a fresh hearing date in the matter of the scheme of amalgamation between Jalpower Corporation Limited and NHPC Limited. The date replaces an earlier postponed one, and the intimation continues from the company's letter dated 21.08.2026.

The disclosure is a procedural update under Regulation 30 of the SEBI LODR Regulations, 2015 — it records the scheduling of a hearing, not any decision on the scheme itself.

The structure of the merger

The filing describes Jalpower Corporation Limited as a wholly owned subsidiary of NHPC and the Transferor Company, with NHPC as the Transferee Company. The scheme has been filed under Sections 230–232 of the Companies Act, 2013 — the statutory route for tribunal-sanctioned amalgamations.

Because Jalpower is already fully owned by NHPC, the amalgamation is an internal consolidation of an existing subsidiary rather than an acquisition of a third party. The filing does not disclose financial terms, valuation, or the expected effect on NHPC's accounts.

New hearing date
28.09.2026
Earlier postponed hearing date
25.08.2026

The update is a procedural milestone in an ongoing amalgamation of a wholly owned subsidiary; for holders it marks progress toward a scheduled hearing but carries no financial terms or outcome, which remain subject to the statutory process.

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