JP Power Ventures up 10%, board to consider debt restructuring

The company's board meeting will be held on October 06, 2016, to consider the recommendations of committee of directors regarding proposals of restructuring including divestment of one or more units and review the progress made in the reduction of company‘s debt.

October 06, 2016 / 10:32 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Moneycontrol BureauShares of Jaiprakash Power Ventures added 10 percent intraday Thursday as it board is going to consider restructuring of its business."The company's board meeting will be held on October 06, 2016, to consider the recommendations of committee of directors regarding proposals of restructuring including divestment of one or more units and review the progress made in the reduction of company’s debt," as per BSE release.At 10:05 hrs Jaiprakash Power Ventures was quoting at Rs 4.51, up Rs 0.37, or 8.94 percent on the BSE.Posted by Rakesh Patil

first published: Oct 6, 2016 10:18 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347