JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Limited following the approval of its Resolution Plan by the National Company Law Tribunal and the Competition Commission of India. The company has paid a Resolution Amount of Rs. 16,084.08 crores and now holds 74% equity shares of KSK Mahanadi Power Company Limited, which has become a subsidiary of JSW Energy Ltd.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact
Admission or rejection of the application by the tribunal
Quess has received approval from the National Company Law Tribunal (NCLT) for a three-way demerger. A press release regarding this approval was issued on March 06, 2025. The company has submitted this information to the stock exchanges for record-keeping.
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
Capital of Mehru Electrical and Mechanical Engineers Pvt. Ltd. from the promoters of Mehru. 5,22,750 equity shares of face value of Rs.10/- each, representing 51% of the Equity Share Capital of Mehru. Electrical and Mechanical Engineers Private Limited (“Mehru”) from the Promoters of Mehru.
Why it matters
CapitSignal interpretation
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Amalgamation/Merger. approvals/ consents, approved the Scheme of Merger between Sehore Kosmi Tollways. Merger Scheme is not required to be obtained from the Stock Exchanges on which equity.
Why it matters
CapitSignal interpretation
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Gensol Engineering Limited has informed the Exchange regarding Board meeting held on March 06, 2025.
Why it matters
CapitSignal interpretation
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
The Board of Directors of GENSOL approved the resignation of Mr. Ankit Jain as Chief Financial Officer effective March 6, 2025, and appointed Mr. Jabirmahendi Mohammedraza Aga as the new Chief Financial Officer effective March 7, 2025. The Board meeting took place from 07:30 P.M. to 11:40 P.M.
Sammaan Capital Limited has informed the Exchange regarding 'The duly constituted Securities Issuance & Investment Committee of the Board of Directors of the Company at its meeting held today i.e. Mar
Why it matters
CapitSignal interpretation
New borrowing adds interest cost and covenants ahead of equity in the capital structure.
What happened
Fact
Sammaan Capital Limited's Securities Issuance & Investment Committee approved the unaudited interim condensed consolidated and standalone financial statements for the nine months ended December 31, 2024, during a meeting on March 06, 2025. These financial statements are issued on a one-time basis for the company's borrowing program and should not be considered a standard practice for future disclosures. The statements, along with the review report from the joint statutory…
JSW Energy Limited has informed the Exchange about Acquisition of KSK Mahanadi Power Company Limited on implementation of the Resolution Plan under the Insolvency and Bankruptcy Code, 2016
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Limited following the approval of its Resolution Plan by the National Company Law Tribunal and the Competition Commission of India. The company has paid a Resolution Amount of Rs. 16,084.08 crores and now holds 74% equity shares of KSK Mahanadi Power Company Limited, which has become a subsidiary of JSW Energy Ltd.
Generic Engineering Construction and Projects Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
Why it matters
CapitSignal interpretation
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
Generic Engineering Construction and Projects Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024. Towers, Dalal Street, Mumbai – 400 001,. and Consolidated Un-Audited Financial Results of the Company for the quarter and nine.
Quess Corp Limited has informed the Exchange regarding a press release dated March 06, 2025, titled "Quess receives NCLT approval for Three-Way Demerger".
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Quess has received approval from the National Company Law Tribunal (NCLT) for a three-way demerger. A press release regarding this approval was issued on March 06, 2025. The company has submitted this information to the stock exchanges for record-keeping.
USHAMART: Usha Martin Limited has informed the Exchange about the outcome of a pending litigation impacting the Company.
Why it matters
CapitSignal interpretation
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Usha Martin Ltd. has received an order from the Division Bench of the Hon’ble High Court of Jharkhand, which set aside a demand notice and directed the State Government of Jharkhand to refund Rs. 19.38 Crore deposited by the Company under protest, along with 7% interest per annum since the date of deposit. The Company will lodge its claim for the refund as per the court's order.
Jindal Stainless Limited has informed the Exchange about divestment of equity stake in Jindal Coke Limited.
Why it matters
CapitSignal interpretation
Selling a business converts an operating asset into cash; what the cash is then used for decides whether holders benefit.
What happened
Fact
Jindal Stainless Ltd. has completed the divestment of its entire 26% equity stake in JCL, following a buyback offer from JCL in which the company tendered its remaining 21.13% stake. As a result, JCL has ceased to be an associate of Jindal Stainless Ltd. The company has provided a detailed disclosure as required under SEBI regulations.
One Point One Solutions Limited has informed the Exchange regarding Outcome of Circular Resolution passed by Board of Directors on March 06, 2025.
Why it matters
CapitSignal interpretation
Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What happened
Fact
One Point One Solutions Limited has informed the Exchange regarding Outcome of Circular Resolution passed by Board of Directors on March 06, 2025. Lakh only) at the rate of Rs. 21.24 (Rupees Twenty-One and Paise Twenty-Four Only) per warrant (being 75% of. Shares of the Company by paying remaining 75% i.e., Rs. 21.24 per warrant within 18 months from the date of.
An open offer gives holders a defined price at which they can exit, and signals that control is changing.
What happened
Fact
Please note that in relation to the Open Offer 14,624,123 Equity Shares, constituting 70.51% of the Offer Size. have been tendered in the Open Offer Escrow Demat Account namely “LIIPL AAVAS FINANCIERS LIMITED. OPEN OFFER ESCROW DEMAT ACCOUNT” opened with Ventura Securities Limited bearing depository.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. We hereby disclose the details of the material pending litigation (Annexure 1) pursuant to the said.
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
Capital of Mehru Electrical and Mechanical Engineers Pvt. Ltd. from the promoters of Mehru. 5,22,750 equity shares of face value of Rs.10/- each, representing 51% of the Equity Share Capital of Mehru. Electrical and Mechanical Engineers Private Limited (“Mehru”) from the Promoters of Mehru.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Regulations, 2015 — Update on material litigation reported earlier under Integrated Filing. aggregate amount under litigation of Rs. 1844.12.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Amalgamation/Merger. approvals/ consents, approved the Scheme of Merger between Sehore Kosmi Tollways. Merger Scheme is not required to be obtained from the Stock Exchanges on which equity.
