JSW Energy terminates deal to acquire GMR Kamalanga Energy

JSW Energy Ltd. | Power Generation/Distribution | Power | BSE: 533148 | NSE: JSWENERGY

31 Jul 2020 Evaluate

JSW Energy has terminated its Rs 5,321 crore deal to acquire GMR Kamalanga Energy due to COVID-19 related uncertainties. With elapsing of long stop date, both parties have mutually agreed to terminate the transaction given continued uncertainty due to COVID-19 pandemic.

JSW Energy, part of the JSW Group, is a growing energy company. The Group has diversified interests in carbon steel, power, mining, industrial gases, port facilities, aluminium, cement and information technology.

Peers

Company Name	CMP
NTPC	327.00
Tata Power	366.85
Adani Power	207.00
Power Grid Corpn.	266.00
Adani Energy Solut.	1392.00
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.