5332062026-10-305332062026-10-302026-10-30533206SJVN LimitedSJVNNOTLISTEDINE002L01015NewAmalgamation/ Mergertrue2026-10-3015:00:002026-10-30falsefalsetrueSJVN Thermal Private Limited, a 100% subsidiary company of the Company is engaged in thermal power generation and operates 1320 MW Buxar Thermal Power Plant in Bihar.The entire share capital of SJVN Thermal Private Limited is held by SJVN Limited, making STPL its wholly owned subsidiary. Accordingly, the continued existence of STPL as a separate legal entity does not offer any significant incremental benefit. Rather, maintaining a separate corporate structure entails duplication of administrative and operational functions, multiplicity of statutory and regulatory compliances, additional expenditure and increased deployment of managerial and organisational resources. Hence, merger of STPL into the Company would therefore facilitate the consolidation of operations, elimination of overlapping functions, rationalisation of resources, reduction in compliance and administrative costs, and improved operational efficiency, thereby serving the overall interests of both companies.OthersSince the merger is proposed between the Company and its Wholly Owned Subsidiary Company, no consideration or share exchange ratio is applicable.Since the Company already owns 100% of STPL, no change in the shareholding pattern is envisaged.*The Board of Directors accorded its in-principle approval to the proposed merger. The details furnished herein are tentative in nature and shall be subject to the requisite approvals of the Government and other competent authorities, as applicable and finalisation of the Scheme of Amalgamation.