Shares of Jaiprakash Power Ventures rose 10 percent on Thursday as the company's board is going to consider restructuring of its business.
The boards of Jaiprakash Associates and Jaiprakash Power Ventures will meet to consider the recommendations of committee of directors regarding proposals of restructuring.
"The company's board meeting will be held on October 06, 2016, to consider the recommendations of committee of directors regarding proposals of restructuring including divestment of one or more units and review the progress made in the reduction of company's debt," BSE release said.
Shares of Jai Prakash were seen trading at Rs 4.52, higher by 9.42 per cent on BSE at 11.40 am IST. It touched an intra-day high of Rs 4.55 during trade.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.