Adani Power has informed that the Board of Directors of the Company at its meeting held on November 03, 2015, has approved the issue of equity shares on preferential basis to the promoter and promoter group of the Company up to 39.81 crores equity shares at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2009 subject to approval of members by postal ballot process and any other approval, if required, and Vneet S. Jaain, Executive Director has been re-designated as Whole-time Director of the Company subject to approval of members, if required.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
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