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Adani Power informs about outcome of board meeting

12 Feb 2016 Evaluate

Adani Power has informed that the Board of Directors of the Company at its meeting held on February 12, 2016, has approved the allotment of 148,100,000 Equity Shares on preferential basis to Adani Properties Private Limited at a price of Rs 28 per share (including premium of Rs 18 per share), totaling to Rs 414.68 crores.

The above information is a part of company’s filings submitted to BSE.

 

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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