India Power : Disclosure under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015
March 01, 2024 at 06:59 am EST
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Ref: IPCL/SE/PIT/2023-24/5
Date: 1st March, 2024
The Secretary
The Vice President
National Stock Exchange of India Limited
Metropolitan Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block
4th floor, Vibgyor Towers, Plot No C 62,
Bandra Kurla Complex
G Block, Opp. Trident Hotel, Bandra Kurla Complex,
Bandra (E), Mumbai- 400 051
Bandra (E), Mumbai- 400098
Scrip Symbol: DPSCLTD
Scrip Symbol: DPSCLTD
Dear Sir(s),
Sub: Disclosure under Regulation 7(2) read with Regulation 6(2) continual disclosure of the SEBI (Prohibition of Insider Trading) Regulations, 2015
Please find attached disclosure as received in Form - C pursuant to Regulation 7(2) read with Regulation 6(2) continual disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015 ("PIT Regulations") on 1st March, 2024 from Aksara Commercial Private Limited, Promoter Group with respect to sale of equity shares of the Company.
We request you to kindly treat this intimation as a compliance with Regulation 7(2)(b) of the PIT Regulations and take the same on record.
Yours faithfully,
For India Power Corporation Limited
PRASHAN T KAPOOR
Digitally signed by
PRASHANT KAPOOR Date: 2024.03.01 16:01:58 +05'30'
Prashant Kapoor
Company Secretary & Compliance Officer
Encl; As above
India Power Corporation Limited
CIN: L40105WB1919PLC003263
[formerly DPSC Limited]
Registered Office: Plot No. X1- 2&3, Block-EP, Sector -V, Salt Lake City, Kolkata - 700 091
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01 March 2024 and is solely responsible for the information contained therein. Distributed by
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India Power Corporation Limited is an India-based company, which is engaged in thermal power generation in the State of West Bengal and wind power generation in the states of Gujarat and Rajasthan. The Companyâs business activities involve power generation, power distribution and other strategic activities. The Company consists of two segments: the Regulated Business, which consists of the power distribution business (including thermal power generation which exclusively supplies power for the distribution business) in Asansol, West Bengal (licensed area) regulated by the West Bengal Electricity Regulatory Commission; and the Non-Regulated business. It holds a distribution license spread across over 798 square kilometers in the Asansol - Ranigunj area of West Bengal and power generation through an embedded 12 megawatts (MW) thermal power generation plant in Asansol, West Bengal. The Company has a portfolio of around 24.8 MW of Wind Power Generation and 2 MW of Solar Power Generation.