In continuation with earlier communication dated 2nd March, 2021, Jaiprakash Power Ventures has informed that the Company has executed a Share Purchase Agreement for disinvestment of its entire 74% shareholding in the Jaypee Powergrid (A Joint Venture Company of Power Grid Corporation of India and the Company). As per Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular dated 9.9.2015, the details are furnished as enclosed.
The above information is a part of company’s filings submitted to BSE.