Company's stock rises after it announces that its financial services business will be demerged from Reliance Industries.
The production is allocated to 11 companies.
In this insolvency resolution, the primary creditor Punjab National Bank (PNB) received Rs 700 crore.
The valuation of the company was estimated to be up to $3 billion.
He will replace Alok Agarwal on 1st June.
SKS has a 600 MW thermal power plant in Chhattisgarh.
The initial batch of EV charging points has been set up by Jio-bp at Piramal Vaikunth located in Thane.
According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."
Acquisition done for Rs 18.45 crore.