Deals & Growth
Mint25 Sept 2026, 2:41 pm IST
Adani Power receives NCLT approval for merger of 10 subsidiaries
What happened
- The National Company Law Tribunal (NCLT) approved the merger of 10 wholly owned subsidiaries into Adani Power.
- The Mumbai Bench approved the merger of Vidarbha Industries Power Ltd, while the Ahmedabad Bench approved the other nine subsidiaries.
- The merger will be effective after the company completes the required steps.
Key terms explained
Financial terms from this story, in everyday words.
- NCLT
- A government body that handles cases related to Indian companies, including mergers and insolvency.
Original source
Mint
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