The board of Jaiprakash Power Ventures in its meeting on 14 May 2011 has accepted the resignation of E R C Shekar from the directorship of the company with effect from 08 May 2011.
Further, the board has noted the withdrawal of nomination by Life Insurance Corporation of India (LIC) of B K Gupta (nominee director - LIC) from board of the company with effect from 01 March 2011.