Deals & Growth
NewsData.io24 Sept 2026, 6:52 am ISTDelayed
NCLT approves Vidarbha Industries merger with Adani Power
What happened
- The National Company Law Tribunal (NCLT) in Mumbai approved the merger of Vidarbha Industries with Adani Power.
- This completes the tribunal approvals for the consolidation of 10 subsidiaries.
Key terms explained
Financial terms from this story, in everyday words.
- NCLT
- a government body that handles corporate disputes and company law matters in India
- Merger
- the combination of two companies into one
Original source
NewsData.io
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