Corporate News 25-Jan-24
Adani Power to divest stake in two subsidiaries to AdaniConnex
Adani Power has entered into a Memorandum of Understanding (MOU) to sell its 100% equity stake in its two wholly owned subsidiaries, i.e. Aviceda Infra Park (AIPL); and Innovant Buildwell (IBPL) to AdaniConnex (ACX). Consequently, AIPL and IBPL will cease to be wholly owned subsidiaries upon completion of the sell, as aforesaid. The sale consideration is Rs 190 crore subject to adjustments on closing date.
Previous News
Sensex, Nifty hits fresh life high; breadth strong
( Market Commentary - Mid-Session 18-Jun-24 09:39 )
Adani Power update on resolution plan submitted for Lanco Amarkantak Power
( Corporate News - 05-Mar-24 14:38 )
Adani Power to divest stake in two subsidiaries to AdaniConnex
( Corporate News - 25-Jan-24 19:16 )
Adani Power consolidated net profit rises 31119.61% in the December 2023 quarter
( Results - Announcements 25-Jan-24 17:38 )
Reliance Industries to invest in Mahan Energen (subsidiary of Adani Power)
( Corporate News - 28-Mar-24 09:20 )
Adani Power to conduct board meeting
( Corporate News - 28-Jan-23 14:14 )
Adani Power subsidiary enters into PPA with Reliance Industries
( Corporate News - 28-Mar-24 09:34 )
Adani Power incorporates wholly owned subsidiary in SIngapore
( Hot Pursuit - 18-Jun-24 08:12 )
Adani Power Ltd Spikes 2.42%, S&P BSE Power index Rises 1.25%
( Hot Pursuit - 27-Dec-22 09:30 )
Adani Transmission Ltd Slides 5%
( Hot Pursuit - 18-Jun-21 09:45 )
Adani Power gains after arm inks PPA with RIL
( Hot Pursuit - 28-Mar-24 10:23 )
Other Stories
Board of Delhivery approves alteration in capital clause of MoA
05-Jul-24 19:32
J B Chemicals & Pharmaceuticals appoints director
05-Jul-24 19:30
Infosys announces resignation of senior management personnel
05-Jul-24 19:22
JLR Q1 FY25 retail sales up 9% on YoY basis
05-Jul-24 19:08
Bajaj Auto launches world's first CNG motorcycle 'Freedom'
05-Jul-24 18:59
Agenda for board meeting of Power Grid Corporation of India
05-Jul-24 18:46
Board of Bank of Baroda approves raising additional capital up to Rs 7,500 cr in FY25
05-Jul-24 18:06
Vipul to hold board meeting
05-Jul-24 17:15
Markobenz Ventures to convene board meeting
05-Jul-24 17:15
Dhanashree Electronics to declare Quarterly Result
05-Jul-24 17:15
Back
Top
