SJVN Ltd gives in-principle approval to merge wholly owned subsidiary STPL into the parent
- Board approval was granted on 30 October 2026 to initiate the merger of SJVN Thermal Private Limited (STPL) into SJVN Ltd.
- The scheme is subject to Government of India and other required approvals, and finalisation.
- No consideration or share exchange ratio is proposed; no change in SJVN Ltd’s shareholding pattern is envisaged.
- Rationale: consolidate operations and reduce duplicated functions, compliance and administrative costs.