NHPC Limited announced a change in its shareholding of subsidiary Ratle Hydroelectric Power Corporatioin Limited (RHPCL). NHPC’s stake in RHPCL has decreased from 59.51% to 49.72% due to additional equity contribution from Jammu and Kashmir State Power Development Corporation Limited. This is a temporary situation, and NHPC’s shareholding in RHPCL will increase after matching equity contributions, which is under process.
Subsidiary Shareholding Update
NHPC Limited has announced adjustments to its ownership stake in its subsidiary, Ratle Hydroelectric Power Corporation Limited (RHPCL). The changes reflect recent equity transactions affecting the overall share distribution within RHPCL.
Details of the Change
The shareholding of NHPC Limited in RHPCL has shifted from 59.51% to 49.72%. This change occurred following additional equity contributions from M/s Jammu and Kashmir State Power Development Corporation Limited, another promoter of RHPCL.
Temporary Adjustment
NHPC clarifies that the current adjustment is temporary. The company anticipates increasing its shareholding in RHPCL back to the original level once NHPC contributes its matching equity, which is currently under process.
Future Developments
NHPC has stated that further developments regarding this matter will be communicated in due course, ensuring stakeholders are kept informed of the progress. The initial change was effective as of December 29, 2025.
Source: BSE
