Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries
NCLT is in focus with 24 September in focus.
25 Sept 2026 · LiveMint Markets
Adani Power share price increased following the NCLT's approval of its plan to merge 10 subsidiaries. The Mumbai Bench sanctioned the merger of Vidarbha Industries Power Ltd. on 24 September, completing the merger process initiated by an earlier approval from the Ahmedabad Bench on 4 August.
Key facts
- Dates in focus
- 24 September and 4 August
Why it matters
- With NCLT involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- Sector exposure: Power.
- The immediate tone of coverage reads positive.
In this story
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