NHPC Limited has received intimation from the Ministry of Corporate Affairs (MCA) regarding the hearing date for the scheme of amalgamation between Jalpower Corporation Limited and NHPC Limited. The hearing is scheduled for August 25, 2026. Jalpower Corporation is a wholly-owned subsidiary of NHPC. This development marks a key step in the integration process, which is being filed under Section 230-232 of the Companies Act, 2013.
Amalgamation Scheme Hearing Scheduled
NHPC Limited has been formally notified by the Ministry of Corporate Affairs (MCA) about a crucial hearing date concerning the proposed scheme of amalgamation. The hearing is set to take place on August 25, 2026. This date pertains to the legal proceedings for the amalgamation of Jalpower Corporation Limited, which is currently a wholly-owned subsidiary of NHPC, into NHPC Limited itself.
Key Steps in Integration Process
The amalgamation process is being carried out in compliance with the provisions of Section 230-232 of the Companies Act, 2013. The filing for this scheme was initiated by Jalpower Corporation Limited, acting as the Transferor Company, and NHPC Limited, the Transferee Company. This scheduled hearing represents a significant milestone in the regulatory and legal aspects of integrating Jalpower Corporation fully into the NHPC structure. Further updates on this matter will be disseminated as they become available.
Source: BSE
