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Adani Power Seeks Shareholder Approval via Postal Ballot

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Adani Power Seeks Shareholder Approval via Postal Ballot

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The latest update is out from Adani Power Limited ( (IN:ADANIPOWER) ).

Adani Power Limited has announced a Postal Ballot to seek shareholder approval for an additional amount related to a Material Related Party Transaction. The voting process will be conducted electronically, with results expected to be published shortly after the voting period ends. This move is part of the company’s compliance with SEBI Listing Regulations, ensuring transparency and stakeholder engagement in its financial decisions.

More about Adani Power Limited

Adani Power Limited operates in the energy sector, primarily focusing on power generation and distribution. The company is known for its large-scale power projects and plays a significant role in India’s energy market.

Average Trading Volume: 4,052,357

Technical Sentiment Signal: Strong Buy

Current Market Cap: 2931.3B INR

See more data about ADANIPOWER stock on TipRanks’ Stock Analysis page.

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