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The latest announcement is out from Adani Power Limited ( (IN:ADANIPOWER) ).
Adani Power Limited announced the results of a postal ballot, which included the approval of an additional amount for a previously sanctioned Material Related Party Transaction. The postal ballot was conducted electronically, and the scrutinizer’s report confirmed the voting results. This development reflects the company’s adherence to regulatory requirements and its commitment to maintaining transparency in its operations.
More about Adani Power Limited
Adani Power Limited operates in the energy sector, primarily focusing on power generation and distribution. The company is a significant player in the Indian market, providing electricity through its thermal power plants and contributing to the country’s energy needs.
Average Trading Volume: 6,921,760
Technical Sentiment Signal: Buy
Current Market Cap: 2921.6B INR
For a thorough assessment of ADANIPOWER stock, go to TipRanks’ Stock Analysis page.