India Power Corp. Ltd. NSE:DPSCLTD
India Power : Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- strike-off of step down subsidiary company
Source: MarketScreener
Ref: IPCL/SE/LODR/2025-26/ 44 Date: 28th January, 2026
The Secretary National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex Bandra (E), Mumbai- 400 051 Scrip Symbol: DPSCLTD | The Vice President Metropolitan Stock Exchange of India Limited Building A, Unit 205A, 2nd Floor, Piramal Agastya Corporate Park, L.B.S Road, Kurla West, Mumbai - 400 070 Scrip Symbol: DPSCLTD |
Dear Sir(s),
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- strike-off of step down subsidiary companyThe Company has received an intimation today from India Uniper Power Services Private Limited, (IUPSPL) a step down subsidiary of the Company informing that the Board of Directors of IUPSPL has approved the proposal of strike off of the Company from the register of Registrar of Companies, West Bengal, as per the provisions of the Companies Act, 2013 and Rules framed therein, subject to the necessary approval.
Pursuant to the above, IUPSP shall cease to be a step down subsidiary of the Company upon completion of the process of the voluntary strike-off.
The details as required under the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 are attached as Annexure to this letter.
This is for your information & records, please.
Yours faithfully,For India Power Corporation Limited
Dhananjoy
Digitally signed by Dhananjoy Karmakar
Karmakar
Date: 2026.01.28
17:30:33 +05'30'
Dhananjoy Karmakar Company Secretary & Compliance Officer Encl: as aboveParticulars | Amount in Lakhs | Percentage |
Income | 6.74 | 0.009% |
Net worth | 120.18 | 0.136% |
Sr. No. | Details of Events that need to be provided | Information of such events(s) |
a. | The amount and percentage of the turnover or revenue or income and net worth contributed by such subsidiary of the Company during the last financial year | Income and Net worth of India Uniper Power Services Private Limited |
b. | Date on which the agreement for sale has been entered into | Not applicable. |
c. | The expected date of completion of sale/disposal | The dissolution and strike-off of IUPSPL is expected to be completed within 3 months i.e., by 31st March 2026. |
d. | Consideration received from such sale/disposal | Not applicable. |
e. | Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group /group companies. If yes, details thereof | Not applicable. |
f. | Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm's length" | Not applicable. |
g. | Whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations | Not applicable. |
h. | Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the Company with respect to such slump sale | Not applicable. |