Jaiprakash Power Ventures 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). The said transaction is expected to be completed by March 31, 2021. The consideration at Rs 15.84 per share for 22,20,00,000 Equity Shares aggregating to Rs 351.64 crore shall be received on Closing date, which shall be notified.
Jaiprakash Power Ventures is engaged in the business of generation of power, cement grinding and captive coal mining.
| Company Name | CMP |
|---|---|
| NTPC | 400.00 |
| Tata Power | 441.35 |
| Adani Power | 227.50 |
| Power Grid Corp | 319.25 |
| Torrent Power | 1722.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: