CESC News

Intimation under Regulation 30 of the SEBI (LODR), 2015

Incorporation of Subsidiary Company

Scrutinizer''s Report

Outcome of AGM held through VC on August 21, 2024.

List of Participants at Investors'' Meet and Presentation

Incorporation of Subsidiary Company

If one looks at the recent performance of the largecap stocks, they have been able to cover some of the differential which had developed in the valuations between mid and large stocks. But if one looks at the long -term average, there is still a scope of mean reversion. As an investor, even in a bull market, it would be better to stay prepared for a volatile phase. So a part of the incremental exposure should be going to large cap stocks. But here the difference has to be made between what is a large cap and what are mega caps. There is more to large cap than TCS, Infy and Reliance. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

Incorporation of Subsidiary Company

Schedule of Investor Meet

Incorporation of Subsidiary Company

Certificate under Reg 74(5) of SEBI (DP) Reg, 2018

Investor Presentation

Outcome of Board Meeting

Appointment / Re-appointment of Independent Director as per details mentioned in the letter.

Financial Results for the quarter ended June 30, 2024 is attached herewith.

Schedule of Investor meet

Schedule of Investor Meet

Experts advised investors to exercise caution amid market instability. Nifty's potential downturn was linked to maintaining positions below 24,800 and VIX levels. Key stocks such as Nykaa, HDFC Bank, and Sun Pharma were highlighted. Important support and resistance levels were noted for Nifty, indicating potential market movements and recommended buying strategies.

Couple of months before the general election took place, it was all about power stocks. Anything to do with the power sector was being lapped up. Today, they might not be in the headlines, due to lack of price action on the street. But does this make a difference in the real business conditions which have got back into shape after a long period of time. The answer is no. Look at the announcement and listen to concalls which some of the companies have done after their Q1 results. It is clear whether it is their plans to get into clean energy space while continuing with expansion and modernization of their thermal power plants or increasing their distribution circles. Probably it is time to make a decision about an investment which was taken as momentum investment or trade whether it needs to be turned into a long term portfolio or not.

CESC LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2024 ,inter alia, to consider and approve the Unaudited Financial Results for the quarter ended on June 30, 2024.

CESC Limited (CESC) has acquired today 63.91 % equity shares of Purvah Green Power Private Limited (Purvah), a WOS of Crescent Power Limited (subsidiary of CESC Limited), making Purvah a direct subsidiary of CESC.

Newspaper Publication

BRSR

Annual Report

Annual Report_2023-24

Enclosed herewith is the intimation on the captioned subject.

Intimation of the date of Forty -sixth Annual General Meeting & Book Closure.

Sitharaman’s Budget focuses on capex sectors, defense indigenisation, renewable energy, and rail modernization. Sensex saw 5.7% average post-Budget returns. Best and worst Budget performances in 2021 and 2020. Strategic debt, private sector gains, and picks like UltraTech and NTPC are expected. Samir Arora sees continuity; Viability Gap Funding, and Infrastructure loan push capex.

Purvah Green Power Private Limited, a step-down subsidiary of CESC Limited, signs framework agreement for Wind Capacity with Suzlon Energy Limited.

Maruti Suzuki and consumer stocks kept D-Street benchmarks on track to continue their post-election rally. The 30-share Sensex advanced 391 points to settle at 80,352. The broader NSE Nifty gained 113 points to top 24,430. A strong macroeconomic growth outlook and steady return of foreign inflows also boosted investor sentiments. The market capitalisation of all listed companies on the BSE increased by Rs 1.58 lakh crore to Rs 451.29 lakh crore.

Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018

​Domestic brokerage firm ICICI Securities has listed 17 stock ideas, categorizing them as deep value stocks, stating that the proportion of ‘investable value stocks within large-caps remained steady while the same has been diminishing to historical lows within mid and small-caps.

Closure of Trading Window

Incorporation of a subsidiary company

Incorporation of Subsidiary Company

Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018

The summer heat leads to high power consumption is a well known fact. What has been the difference in the headlines this year and last two or three years? The news about massive power cuts and the possibility of power plants running out of coal is missing. The news which is dominating is that power demand is high and is being met. This change is the result of many things, right from optimism at one point of time to absolute despair at another. Finally policy push and discipline and integrated approach toward solving the issue of the sector, whether it for thermal, solar, wind or hydro. This led to a certain level of re-rating in Modi 2.0 which is likely to get pace in Modi 3.0. One thing which goes unnoticed is the fact that the power sector moving out of the trouble not only means good news for power companies but also the banks, because after metal, power companies topped the list of NPA of the banks.

Loss Intimation

Intimation regarding Fire Incident

Change in Directorate