| Purpose | Announcement Date | Meeting Date |
|---|---|---|
| EGM | 15 May 2024 | 18 Jul 2024 |
| COM 18/07/2024 Received an order from NCLT for convening of Meeting of equity shareholders, Secured creditors and Unsecured creditors of Renewable Power Undertaking of the Company. (As Per BSE Announcement dated on 16.05.2024) Notice of Meeting of Equity shareholders as per Directions of National Company Law Tribunal. (As Per BSE Announcement dated on 14.06.2024) Proceedings of NCLT convened Meeting of Equity Shareholders of the Company (As Per BSE Announcement dated on 18.07.2024) | ||
EBITDA increased by 6.5% YoY, reaching ₹1,111.6 crore, compared to ₹1,044 crore in the previous fiscal’s third quarter.
According to Torrent Power, this project marks a significant stride in its transition towards renewable energy and sustainability that would further anchor it in the clean energy transition in India.
It is a 15-month project from the date of LoA, which shows that the company has the capability of completing on time the infrastructure projects.
Here are some of the stocks that may see significant price movement today: Torrent Pharma, Hindustan Unilever, Nazara Tech, etc.
Torrent Power, a significant entity in India’s power generation, transmission, and distribution sectors, has a current market valuation of ₹27,183 crore.
Here are some of the stocks that may see significant price movement today: PI Industries, Torrent Power, Sun TV Network, etc.
The company is collaborating with Kotak Mahindra Capital for the QIP, with more banks expected to join the process.
The LoA is for a long-term supply of 2,000 Megawatts (MW) of energy storage capacity from Torrent Power’s InSTS Connected Pumped Hydro Storage Plant.
Torrent Power is a major player in India’s power sector, boasting a market capitalization of ₹27,183 crore as part of the ₹41,000-crore Torrent Group.
Here are some of the stocks that may see significant price movement today: REC, Torrent Power, Infosys, Biocon, etc.
Invest wise with Expert advice
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