Foreign institutional investors (FIIs) have increased shareholding in Adani Power to 6.84% at the end of March 2014 quarter from 6.54% in December 31, 2013. On the other hand, domestic institutional investors (DIIs) have reduced shareholding in the company to 0.58% at the end of March 2014 quarter from 0.63% as on December 31, 2013. Meanwhile, promoter and promoter group shareholding was unchanged at 75% at the end of March 2014 quarter.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
