Adani Power Ltd to acquire stake in power companies from Adani Enterprises Ltd


Adani Power Ltd to acquire stake in power companies from Adani Enterprises Ltd

The Board of Directors of Adani Power Ltd on recommendation of the Audit Committee at its meeting held on 23rd February, 2019, has approved the proposal for acquisition of entire stake of Adani Power Dahej Limited (APDL); Adani Pench Power Limited (APPL); and Kutchh Power Generation Limited (KPGL) [Wholly Owned Subsidiaries of Adani Enterprises Limited (AEL)] from AEL.

Shares of ADANI POWER LTD. was last trading in BSE at Rs.39.85 as compared to the previous close of Rs. 39.55. The total number of shares traded during the day was 1567790 in over 2272 trades.

The stock hit an intraday high of Rs. 40.45 and intraday low of 39.3. The net turnover during the day was Rs. 62402145. Read More

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