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Adani Power to consider sale of Mundra power business

02 Jun 2017 Evaluate

Adani Power is planning to consider and evaluate the Slump Sale of its Mundra Power Generating Business Undertaking to its subsidiary company, namely, Adani Power (Mundra). In this regards, the company’s board will meet on June 6, 2017. Hence, as per the company’s Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of the Company will be closed for all specified persons of the Company from June 2, 2017 to June 8, 2017 (both days inclusive).

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.

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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