Adani Power announced the amalgamation of its six subsidiaries Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited, Raipur Energen Limited, Raigarh Energy Generation Limited and Adani Power Mundra Limited with itself as sanctioned by the Ahmedabad-bench of National Company Law Tribunal, the company announced through an exchange filing.
The company also said that it will publish the financial statement for the financial year 2022-23 based on the amalgamation of the companies and will also publish comparative period numbers in compliance with applicable accounting standards.
Read Also
Senior lawyer, whose elevation as judge was blocked by centre, appointed on Adani panel by SC
Shares of Adani Power
The shares of Adani Power on Wednesday at 11:24 am were at Rs 186.60, up by 4.98 per cent.
Bombay HC: Courts Cannot Direct Legislature To Correct 'Clerical Errors' Or Enforce Retrospective Amendments
Western Railway DRUCC Meet: Key Suggestions Made For Suburban Station Upgrades, Escalators, Divyangjan Facilities
HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12 Interim Dividend
Maharashtra Faces ₹80 Crore Loss As 90% Bars Suspend Liquor Sales To Protest Excise Duty Hike
