Settlement Terms

  • National Asset Reconstruction Company Limited (NARCL) and Jaiprakash Power Ventures Limited have agreed to settle the matter/claim
  • Settlement amount: ₹511.00 crores as full and final payment
  • Settlement is subject to fulfillment of certain other conditions
  • Requires execution of definitive agreement(s)

Outcome of Settlement

  • IBC proceedings shall stand withdrawn once all conditions of settlement terms are fulfilled

Additional Information

  • The company will keep stock exchanges informed of any further developments in this matter
  • Disclosure dated: 19th September, 2026