Jaiprakash Power Ventures Sudhir Mital as an steps down
Jaiprakash Power Ventures (JPPOWER) said Sudhir Mital as an has ceased. The company is valued at about ₹9,499 crore.
What happened
Jaiprakash Power Ventures (JPPOWER) told the exchanges on 6 November 2026 at 06:21 PM that Sudhir Mital as an has ceased.
Company snapshot
Jaiprakash Power Ventures is a small-cap company in the Power sector, with a market value of about ₹9,499 crore.
The stock last traded at ₹13.86, against a 52-week range of ₹12.5–₹24.5 (43.4% below the high).
Before this filing the shares had moved −7.6% over the month and −24.8% over three months. Average daily turnover over the last 20 sessions was about ₹80.31 crore.
Promoters held 24.00% at the end of Q2 FY27; 79.20% of promoter shares were pledged. Foreign institutions owned 7.01% and domestic institutions 10.49%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,438 | 182.1 | 0.2 |
| Q3 FY26 | 1,156 | 3.8 | 0 |
| Q4 FY26 | 1,386 | -13.4 | -0.02 |
| Q1 FY27 | 1,776 | 468.8 | 0.52 |
| Q2 FY27 | 1,512 | 33.3 | 0.04 |
What history shows
BCEIE's records show 8 previous management change filings from the company since May 2026.
After those filings, the stock fell 3.5% on average the next trading day and was down 2.6% on average after five days (7 filings with price data).
Across 72 similar disclosures by other Power companies, shares moved −0.3% on average the next day and −2.2% over five days; 46% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 19 Oct 2026 | Outcome of Board Meeting held on 19th October, 2026 | −8.8% | −13.0% |
| 19 Oct 2026 | Outcome of Board Meeting held on 19th October, 2026 | −8.8% | −13.0% |
| 30 Sept 2026 | Disclosure under Regulation 30 of SEBI (LODR), 2015 Cessation of… | −1.5% | — |
| 28 Jul 2026 | Cessation of Smt. Vandana R. Singh (DIN: 03556920) as Independent… | +0.2% | +10.8% |
| 25 Jul 2026 | Management change | −0.2% | +10.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Jaiprakash Power Ventures appoints two independent directors
- Top power stocks: Jaiprakash Power vs Suzlon vs Vedanta Power vs Reliance Power vs Inox Wind | Experts' views, target
- Jaiprakash Power Ventures Limited (JPPOWER.NS) Seasonal Returns Chart
- Jaiprakash Power Ventures JPPOWER New Independent Director
- Jaiprakash Power appoints Mukesh Shah as independent director
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.