Adani Power shares rise after NCLT merger approval
after close1 source ↓written by the desknot a recommendation
- on 25 September
- 2%
- Adani Power
- 24 September 2026
Adani Power shares increased nearly 2% on 25 September following the NCLT's approval for merging 10 wholly owned subsidiaries. The Mumbai Bench sanctioned the merger of Vidarbha Industries Power Ltd with Adani Power on 24 September 2026, completing the tribunal process after the Ahmedabad Bench approved the other nine subsidiaries earlier this year. This consolidation may enhance operational efficiency and streamline management.
Not investment advice. For informational purposes only.