NHPC announces newspaper publication of JPCL amalgamation scheme hearing notice

M&A / JV 14 Aug 2026 · In regulatory review· ✓ Verified

NHPC Limited, a state-owned hydropower generation company, has initiated the statutory amalgamation process with JPCL under the Companies Act 2013 scheme mechanism. The newspaper publication-dated 14 August 2026-follows an earlier intimate letter of 7 August 2026 and signals that the Scheme has been filed before the National Company Law Tribunal (NCLT) and notices are now being served on affected creditors, members and stakeholders. No purchase price or exchange ratio has been disclosed in this notice stage document.

Why it mattersPublication of newspaper notice triggers the formal NCLT jurisdictional gateway under Companies Act §230; this is a procedural step that must precede the statutory meeting and court sanction-practitioners should monitor the NCLT bench order for appointed hearing date and standing requirements.
Counsel
SectorEnergy & Renewables
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