Jaiprakash Power Ventures share: Amidst the historic boom in the market, shares of Jaiprakash Power Ventures Limited, a power sector company, are looking sluggish. On the third trading day of the week i.e. Wednesday, this share fell by 1.50% and closed at Rs 19.69. Reached a high of Rs 20.20 on the trading day. On February 12, 2024, the share price went up to Rs 23.99. This is the 52-week high level of the stock. In July 2023, the share price fell to a low level of Rs 5.92. In the year 2007, the share price was at the level of Rs 135.
Details of shareholding pattern
Talking about the shareholding pattern of Jaiprakash Power Ventures Limited, the promoter holds 24 percent stake. At the same time, the promoter holds 76 percent stake. Company promoter Jaiprakash Associates Limited holds 1,64,48,30,118 shares. Public shareholders include many big banks. These banks are UCO, ICICI, Central Bank of India and Canara Bank. Life Insurance Corporation of India holds 1.38 percent shares of the company. This is equivalent to approximately 9,44,80,125 shares.
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There has been a change in management
Recently Jaiprakash Power Ventures Limited has re-appointed Suren Jain as the Managing Director (MD) and CEO of the company. According to the company, he has been appointed for a tenure of five years from January 12, 2025. The company has re-appointed Sunil Kumar Sharma as Executive Director for a period of one year. Dinesh Kumar Likhi has been re-appointed as Non-Executive Independent Director for a period of three years with effect from August 6, 2024. Praveen Kumar Singh has been re-appointed as executive director for a period of five years with effect from August 12.
Let us tell you that Jayaprakash Power Ventures Limited, a unit of Jaypee Group involved in diversified business, develops, implements and operates power projects in the country.
