Adani Power's merger of 10 subsidiaries
The Mumbai Bench of the NCLT approved Adani Power's plan to merge 10 wholly owned subsidiaries. The company later completed the merger following approvals from two authorities.
Timeline
Friday, 25 September
- Adani Power merges 10 subsidiaries into company as restructuring takes effect
Adani Power completed the merger of 10 wholly owned subsidiaries
- Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries
NCLT Mumbai Bench approved Adani Power’s merger of 10 wholly owned subsidiaries
