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NCLT approves merger of Vidarbha Industries with Adani Power

pre-market1 source ↓machine-written, see hownot a recommendation

issued
24 Sep 2026
as the appointed
1 Apr 2025

The NCLT Mumbai Bench sanctioned the amalgamation of Vidarbha Industries Power Limited with Adani Power Limited under Sections 230-232 of the Companies Act, 2013. The order, issued on 24 Sep 2026, sets 1 Apr 2025 as the appointed date for the merger. This move is expected to enhance operational efficiencies in the power sector.

• Formal sanction granted for merger

• Tenth Transferor Company involved

• Implications for market dynamics in the energy sector ⚡

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Oct 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIPOWER closed +0.7% on the day of the news, from ₹201.00 to ₹202.40; Nifty +1.0% over the same session; futures OI +2.8%.

Bulletin at 07:10 IST on 6 Oct 2026. Every change is measured from ₹201.00, the last close before it, on 5 Oct. Nifty 50 is measured over the same sessions.

  • ADANIPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it169.89201.00232.11axis spans 37%before the news · 5 Oct201.00Nifty 50ADANIPOWERbulletinD0+1+3+528 Sept7 Oct14 OctFutures open interest, lotspeak 67,000Reference close ₹201.00. 12 sessions from 28 Sept to 14 Oct; the price axis spans 37 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before5 Oct₹201.00basebase
On the day6 Oct₹202.40▲ +0.7%▲ +1.0%−0.3 pp difference
+1 session7 Oct₹196.94▼ −2.0%▲ +0.2%−2.2 pp difference
+3 sessions9 Oct₹189.00▼ −6.0%▼ −0.2%−5.8 pp difference
+5 sessions13 Oct₹185.96▼ −7.5%▲ +0.7%−8.2 pp difference
Gap at the open, % · ₹
▲ +0.4%+0.80 on 6 Oct
Day's range, % · ₹
2.0%≈ 4.1 high to low
Volume on the day
1.29×the 20-session average
Futures OI on the day
▲ +2.8%+1,700 lots · long build-up · price +0.7%
Futures OI open, lots
64,0006 Oct · 27 Oct expiry
Futures premium, ₹
+0.88+0.4% to spot
Puts per call, by OI
0.78from 0.83 the session before
Max pain
200from 200 the session before

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