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Adani Power Limited ( (IN:ADANIPOWER) ) has shared an update.
Adani Power Limited has announced that the National Company Law Tribunal (NCLT) in Ahmedabad has approved the amalgamation of its wholly-owned subsidiary, Adani Power (Jharkhand) Limited, with itself. This amalgamation, effective from April 1, 2024, is expected to streamline operations and potentially enhance the company’s market positioning by consolidating resources and operations under a unified entity.
More about Adani Power Limited
Adani Power Limited is a prominent player in the power industry, primarily engaged in the generation and distribution of electricity. The company focuses on thermal power generation and has a significant presence in the Indian energy market.
YTD Price Performance: 0.30%
Average Trading Volume: 671,408
Current Market Cap: 2038.8B INR
For detailed information about ADANIPOWER stock, go to TipRanks’ Stock Analysis page.