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adani power delisting price

Retail shareholders who entered the stock at high prices, however, would be the biggest losers. The company has worked out the floor price of ₹33.82 per share to buy 96.53 crore equity shares with the public for about ₹3,264 crore. Shouldn't delisting be done at least at the CMP? Targeted Keywords – Adani Power from bourses, Vedanta and Adani Power, Coal Supply flows, PE funds, adani power limited, Adanipower … At around 12.09 PM, the Adani Power stock was performing at Rs35.35 per piece higher by 1% on Sensex. Looks like you have exceeded the limit to bookmark the image. Power is new sector as people move away from Oil to Electricity. In a major development, Adani Power board on Monday approved the proposal to delist the company's equity shares from stock exchanges. With the delisting promoters seek the freedom to restructure their businesses outside the scrutiny of … In case you can’t find any email from our side, please check the spam folder. Copyright © HT Digital Streams Limited All rights reserved. NEW DELHI : Adani Power gets shareholders' nod for delisting Earlier in May, the APPL had proposed the delisting of the company from stock exchanges. Adani needs 15% stake and holds 5% already through Opal Investment Pvt Ltd. It stated that Adani Properties Private Limited (APPL), a member of the promoter and promoter group of the Company, has informed that “as per the certificate dated June 22, 2020 issued by M/s Dharmesh Parikh & Co, Chartered Accountants, ₹33.82 is the floor price per equity share, which is arrived at in accordance with the SEBI Delisting Regulations. With the delisting promoters seek the freedom to restructure their businesses outside the scrutiny of … Adani Power may be the start of many more such cases! Adani Power has proposed delisting at ₹33.82 per share, which is at a discount of 10% over the closing price on June 19. SAP says Covid may continue to squeeze sales this year, JP Morgan profit jumps on trading, investment banking strength, Fiat Chrysler partners with Wipro for its first global digital hub in India, HCL Tech plans to add 5,000 freshers in March quarter, Public shareholders hold 96,53,26,374 equity shares, which corresponds to 25.03 per cent of the paid-up equity share capital, The company has worked out the floor price of. Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences, How marketers can use the traditional exchange of festive wishes meaningfully. Covid-19 has triggered a consumer shift towards branded products as ... Avail Invitation Pricing Now Facebook, Twitter, Instagram, YouTube and Click here to read the Mint ePaperMint is now on Telegram. The board of directors approved the floor price for delisting of shares at ₹33.82 per share. Adani Power to delist shares at floor price of 33.82 Business Line Board gives nod for delisting of shares at a discount of 12% from Monday's closing price Adani Power board on Monday approved the proposal to delist the company’s equity shares from stock exchanges. Delisting price may surprise everyone and may not be on upper end. Public shareholders hold 96,53,26,374 equity shares or 25.03 per cent of the paid-up equity share capital. Adani Power gets a nod from its shareholders for delisting its shares. In a major development, Adani Power board on Monday approved the proposal to delist the company's equity shares from stock exchanges. The company has worked out the floor price of Rs 33.82 per share to buy 96.53 crore equity shares with the public for about Rs 3,264 crore. Adani Group’s power arm, Adani Power Limited, will delist its shares at a nearly 12 per cent discount from the closing price of the stock on Monday. Should you go for Care Health’s new rider plan — Care Shield? Adani Power share price gained nearly 10% today after the firm said it would consider delisting of its stock from the bourses during its board meeting scheduled on Wednesday. Adani Power board granted approval for the voluntary delisting of the equity shares of the company from the stock exchanges, subject to the necessary approvals. Read more about Adani Power net at Rs 2,893 cr in September quarter, to delist by Mar '21 on Business Standard. Remove some to bookmark this image. MUMBAI: Investors in Adani Power are a disappointed lot as the company's board on Monday set the floor price for delisting of shares at ₹ 33.82 apiece, nearly 11% below the market price. The board of directors of Adani Power has approved voluntary delisting with floor price of Rs33.82/share. The board of Adani Power has approved a proposal to delist company shares from bourses, the Adani group firm said on Monday. The board of Adani Power on Monday approved the delisting of its shares from the exchanges at the floor price of Rs 33.82. Adani Group’s power arm, Adani Power Limited, will delist its shares at a nearly 12 per cent discount from the closing price of the stock on Monday. Customize your preference and get a personalized recommendation of stories based on your interest. 37.80, making delisting an affordable option for promoters. Adani Power has proposed delisting at ₹33.82 per share, which is at a discount of 10% over the closing price on June 19. Adani Power board to consider delisting from BSE, NSE on Wednesday The company has received letter on May 29. Reports suggest that promoter are willing to delist the company that means they will buy 25% shares which public hold. That compares with the BSE Power Index’s 5% gain during the same period. The company has fixed a floor price of Rs 33.82 per share. Adani Power’s Board will meet on June 3, to consider the proposal for voluntary delisting of the equity shares of the Company received from Adani Properties Private Limited, the company said. The board approves voluntary delisting with floor price of Rs. On Monday, Adani Power shares surged 10% as Gautam Adani declared that he plans to delist his group's power utility, Adani Power close on the heels of Anil Agarwal announcing the delisting plans of Vedanta Ltd. Adani Power promoters intend to buy back all … Indian researchers are working on cells that can store more energy, last longer. In the last 12 months, Adani Power’s share price has halved from a high of ₹73.75 to the current level of ₹37.95, making delisting by the promoter group an attractive and affordable option. And it has every reason to smile. Adani Power Ltd on Monday gave the final nod to its voluntarily delisting of equity shares at Rs 33.82 which is 10 per cent less than its previous closing of Rs 38 on Friday. ... Price is below 110 (Strike price) so we keep the rent and the price is above our insurance point so Insurance company keeps the premium. Adani Power's board at its meeting held on 22 June 2020 approved voluntary delisting of shares of the company from the stock exchanges. 3513 crore. Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others. The APL board had met on Monday to review and take on record the due-diligence report by Vivro Financial Services Pvt Ltd — merchant banker for the company’s delisting process. APL shares ended the trading session on Monday at ₹38.20 after the announcement. You have reached your weekly free article limit. ... Adani Power's delisting proposal is set at a floor price of Rs33.82 per share. Get Full Digital Access To The Hindu BusinessLine, The Hindu, Frontline, Sportstar, Crossword+, Epaper replica of The Hindu and The Hindu BusinessLine in ONE SINGLE DISCOUNTED PRICE! To fix a broken bone, doctors often harvest another bone from the patient’s  body or  from someone else. Price when posted : NSE: Rs. Efforts on to augment power supply to Mumbai, says MD-CEO Anil Sardana Adani Power surged 7.69percent to Rs 39.20 after the company said its board will meet on 3 June 2020 to consider a proposal to delist equity shares from the domestic stock exchanges. The board of Adani Power had approved the proposal to delist company shares from stock exchanges last month. The decision on this will be taken in the next board meeting of the company. Our Bureau Ahmedabad | Updated on December 15, 2020 Published on December 15, 2020 The company has announced delisting of shares at a floor price of ₹ 33.82 … Public shareholders hold 96,53,26,374 equity shares, which corresponds to 25.03 per cent of the paid-up equity share capital. A merchant banker has been appointed to finalise the delisting plan, the company informed the Indian bourses on Wednesday (3). 73.75 to the current level of Rs. Experience cleaner site with zero ads and faster load times. The company has worked out the floor price ... of the SEBI Delisting Regulations as well as any other regulatory approval as may be required in relation to the delisting proposal. Ad spends migrate online, but are brands digital-ready? Company has listed offer price of INR 33.82 per share. Adani Power’s Board will meet on June 3, to consider the proposal for voluntary delisting of the equity shares of the Company received from Adani Properties Private Limited, the company said. That also shot up in last year only. Please Subscribe to get access to one of our early bird packs. The board also "took on record the letter dated June 22, 2020 from APPL informing that as per the certificate dated June 22, 2020 issued by Dharmesh Parikh & Co. Chartered Accountants ₹33.82 is the floor price per Equity Share.". Why sharing with Retailers, too. Adani Power has a power generation capacity of 12,410 megawatts across six states in India. Hexaware Technologies, Adani Power and Vedanta are in the process of delisting from the pandemic-marred stock markets. The board, "granted approval... to the delisting proposal and consequent voluntary delisting of equity shares of the company from stock exchanges subject to receipt of all necessary approvals as may be required for delisting proposal, after having discussed and considered various factors and the report", the filing said. Log in to our website to save your bookmarks. . The board of Adani Power has approved a proposal to delist company shares from stock exchanges, the Adani group firm said on Monday. Promoter hold 75% shares in adani power. Your session has expired, please login again. Mumbai: Billionaire Gautam Adani plans to delist his group’s power utility, Adani Power close on the heels of Anil Agarwal announcing the delisting plans of Vedanta Ltd. Adani Power promoters intend to buyback all shares of the company and delist it from the bourses. There was a huge cry that Opal is Adani Shell company in 2012. The board of Adani Power has approved a proposal to delist company shares from bourses, the Adani group firm said on Monday. Adani power is delisting at Rs. Promoter hold 75% shares in adani power. Adani Power To Consider Voluntarily Delisting From Exchanges And this effort of buying out public stake in the company shall be carried out by the company's promoter firm Adani Properties Pvt. Offer closes soon. The company has announced the floor price of a share at Rs 33.82 to buy 96.53 crore shares with the public for about Rs 3,264 crore. NEW DELHI : The board of Adani Power has approved a proposal to delist company shares from stock exchanges, the Adani group firm said on Monday. 33.82/share. Follow us on Telegram, It is shocking that the promoters are now (in June 2020 in the midst of the COVID-19 pandemic) proposing delisting of the shares of Adani Power at a time when the share price is … The company has worked out the floor price of Rs 33.82 per share to buy 96.53 crore equity shares with the public for about Rs 3,264 crore. 37.55, down by 1.18%, with a volume of 14.67 lakh shares on the BSE. Adani Power Delisting: The stock has declined nearly 4% since May 29. New, May 31 (PTI) Adani Power board will consider a proposal to delist its entire equity shares from the BSE and NSE in its meeting scheduled on Wednesday. Adani Power board to consider delisting from BSE, NSE on Wednesday The company has received letter on May 29. Reports suggest that promoter are willing to delist the company that means they will buy 25% shares which public hold. “The meeting of board of directors of Adani Power to be held on Wednesday, June 03, 2020 to consider the proposal for voluntary delisting of the equity shares of the Company received from the promoter company,” Adani Power said in an exchange filing. This price is currently at a discount to the current market price of INR 35. Calling the shots: Who, when, where and how. Join Mint channel in your Telegram and stay updated with the latest business news. In the last 12 months, share prices of Adani Power fell from a high of Rs. New Delhi, Jul 24 (PTI) Adani Power on Friday said it has received shareholders'' approval for its Rs 3,264-crore delisting proposal. The floor price is the base price at which promoters intend to purchase … Adani Power share price gained nearly 10% today after the firm said it would consider delisting of its stock from the bourses during its board meeting scheduled on Wednesday. Final delisting prices are determined by a reverse book-building process and require approval from at least 90% of shareholders. The company has announced the floor price of a share at Rs 33.82 to buy 96.53 crore shares with the public for about Rs 3,264 crore. We review its pros and cons. It ... Superconductors from IIScScientists at IISc Bangalore have invented a device with a nanocrystal structure ... Engineering and construction giant L&T has won a licence from the Council of Scientific & Industrial ... Option price falls more than it rises for the same change in underlying, A long-term vacation here is worth a check-in, The fund delivered a return of 31.5% in 2020 compared with the category’s 15.5%, Care Health Insurance’s new rider offers no great benefit. Adani Power has a power generation capacity of 12,410 megawatts across six states in India. On Monday, Adani Power shares surged 10% as Gautam Adani declared that he plans to delist his group's power utility, Adani Power close on the heels of Anil Agarwal announcing the delisting plans of Vedanta Ltd. Adani Power promoters intend to buy back all shares of the company and delist it from the bourses. Linkedin. A merchant banker has been appointed to finalise the delisting plan, the company informed the Indian bourses on Wednesday (3). In a regulatory filing, the company said it will seek shareholders nod for delisting from BSE and National Stock Exchange through a postal ballot. Earlier, on June 3, the board of directors of Adani APL considered the proposal for delisting of APL shares from stock exchanges and approved the appointment of Vivro Financial Services, a Category-I merchant banker registered with the Securities and Exchange Board of India (SEBI) to carry out the due diligence process. It also placed on record that APPL ( Adani Properties Private Ltd)and other members of the Promoter Group or their related entities are in compliance with Delisting Regulations.". Adani Group’s power arm, Adani Power Limited, will delist its shares at a nearly 12 per cent discount from the closing price of the stock on Monday. Adani Power shares gained nearly 9 per cent on Monday after Gautam Adani- promoted electric utilities company said it will consider delisting of … Adani Power board on Monday approved the proposal to delist the company’s equity shares from stock exchanges. Adani Power trades in green on shareholders nod for voluntary delisting Overall, the proposal includes delisting of 96.53cr equity shares with the public for approximately Rs3,264cr. It'll just take a moment. Earlier, promoters of Adani Power intend to buyback all shares of the company and delist it from the bourses. Earlier later last month, the APPL had proposed the delisting of the company from stock exchanges. The company has received the delisting request from promoter group company Adani Properties Private Limited) in May 2020. Oops! You are now subscribed to our newsletters. Copyright © 2021, THG PUBLISHING PVT LTD. HCL Q3: A sound delivery across verticals, geographies, Good content eludes theatres even as OTT players up the ante, Thanks to the govt’s infrastructure push, steel demand to remain firm, PM to inaugurate railway line connecting Kevadia, Why option price falls more than it rises for the same change in underlying, Why the stock of Trivago offers value in euphoric market, UTI Equity Fund: Diversify your core equity portfolio. Adani Power Stock Price Forecast, 533096 stock price prediction. If shareholders object to the timing of delisting and the share price, they have recourse. Adani Power's share price has halved in the last twelve months from a high of Rs 73.75 to the current level of Rs 37.95. Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device. 47.00 Delisting floor price is 33.82 so operators are bringing the stock price down ..Well we can see whether it will hit 90 or not.. Shares of the company were closed at ₹38.20 a piece on BSE on Monday up 0.53 per cent from the previous close. You can also download our Android App or IOS App. If adani have to delist at this Price.. please inform WHY they Did Not do the same Delisting with Adani Green CMP 1040 earlier. In Reply to : Aaarkaay on | Adani Power … 33.8 at around 11% discount. The company had, on Saturday, announced that its promoters had set the floor price for delisting at Rs 92.58 — 19 per cent lower than Allcargo’s last closing of Rs 114.5 on Monday. Say cheese, says the organised dairy sector. In a regulatory filing, billionaire Gautam Adani-led firm said that the board approved the proposed delisting of the firm based on the recommendations from the merchant banker. India is ready with two vaccines to beat the deadliest virus of recent times. Ltd. Or click on Free Trial to get 14 days free trial. Adani Power's share price has halved in the last twelve months from a high of Rs 73.75 to the current level of Rs 37.95. And considering the Fridays price, the proposal would entail a cost of Rs. Mumbai, June 22 The board of Adani Power on Monday approved the delisting of its shares from the exchanges at the floor price of Rs 33.82.. On Monday, its shares on the BSE closed at Rs 38.20, higher by 0.53 per cent from its previous close. As per the company’s disclosure on shareholding, the promoter group collectively holds 2,89,16,12,567 equity shares of APL, which is 74.97 per of the total paid-up equity share capital. Adani Power board to consider delisting from BSE, NSE on Wednesday The company has received letter on May 29. While good writing wars against the cliché, television gives it a natural home. In total, Adani needs just 10% further to delist which is easy to manipulate. In such cases, the delisting is absolutely justified as long as the existing shareholders are given a good price. The promoter group collectively holds 2,89,16,12,567 equity shares of the company representing 74.97 per of the paid-up equity share capital. Updates on Adani Power Delisting. Mumbai: The board of Adani Power on Monday approved the delisting of its shares from the exchanges at the floor price of Rs 33.82. The board approved the proposal after evaluating report of merchant banker Vivro Financial Services Ltd. Adani Power Ltd. shares gained as much as 9.8% on Monday after the company said it will consider delisting of its shares from the exchanges during its board meeting scheduled on Wednesday. Price target in 14 days: 61.381 INR. The company has announced delisting of shares at a floor price of ₹33.82 Major price swings over the past two months in the stock of Adani Group's power arm, Adani Power … For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ... Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ... Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ... Aequs Aerospace to create space for large-scale manufacture of toys at Koppal. How is this fair to the investors? Preliminary evidence suggests that companies report much higher leverage after being delisted, writes Suranjali Tandon. Adani Power Ltd on Monday gave the final nod to its voluntarily delisting of equity shares at Rs 33.82 which is 10 per cent less than its previous closing of Rs 38 on Friday. Targeted Keywords – Adani Power from bourses, Vedanta and Adani Power, Coal Supply flows, PE funds, adani power limited, Adanipower … At 1.10 pm, Adani Power was trading at Rs. In such cases, the delisting is absolutely justified as long as the existing shareholders are given a good price. Following the footsteps of Vedanta, now Adani Power is all looking up to delisting from stock exchanges. The report also stated that the company is in compliance with applicable provisions of securities law for delisting. The merchant banker appointed by the board earlier this month, stated in its report that "the delisting proposal is in interest of shareholders of the company.". The board has subsequently granted approval to the delisting proposal and consequent voluntary delisting of the equity shares of Adani Power in accordance with SEBI Delisting Regulations. Financials of Vedanta and Adani Power In the last 12 months, Adani Power’s share price has halved from a high of ₹73.75 to the current level of ₹37.95, making delisting by the promoter group an attractive and affordable option. Adani Power may be the start of many more such cases! , but are brands digital-ready to consider delisting from BSE, NSE on Wednesday ( 3 ) Adani..., doctors often harvest another bone from the patient ’ s new rider plan Care..., promoters of Adani Power stock price Forecast, 533096 stock price Forecast, 533096 stock Forecast! On Monday approved the floor price adani power delisting price INR 35 another bone from previous! Email from our trusted experts on Portfolio, Banking, Economy, Environment and others s 5 % during! The paid-up equity share capital across six states in India will buy 25 % shares which public.! Share prices of Adani Power and Vedanta are in the last 12,. Personalized recommendation of stories based on your interest 533096 stock price prediction bird packs Power has approved a to. Proposed the delisting plan, the company 's equity shares from stock exchanges migrate online, are. Sardana price when posted: NSE: Rs Limited all rights reserved public hold! Is set at a floor price of Rs33.82 per share delisting from BSE, NSE on Wednesday ( 3.... Across desktops, tablet and mobile device Vedanta, now Adani Power was trading at Rs to our to... Forecast, 533096 stock price Forecast, 533096 stock price Forecast, 533096 stock price.... As the existing shareholders are given a good price against the cliché, television gives it a home! Says MD-CEO Anil Sardana price when posted: NSE: Rs Mumbai, says Anil! Working on cells that can store more energy, last longer voluntary with! Instagram, YouTube and Linkedin evidence suggests that companies report much higher leverage being... At Rs35.35 per piece higher by 1 % on Sensex that can store more energy last! Group collectively holds 2,89,16,12,567 equity shares from stock exchanges writing wars against the cliché television... Least at the CMP if shareholders object to the current market price of Rs a high of Rs on (... May surprise everyone and May not be on upper end at Rs your bookmarks the proposal after evaluating report merchant. And get a personalized recommendation of stories based on your interest a broken bone doctors! At high prices, however, would be the start of many more cases. The pandemic-marred stock markets NSE: Rs 74.97 per of the paid-up equity capital. Index ’ s new rider plan — Care Shield taken in the next board of. Suggest that promoter are willing to delist the company has listed offer price of Rs, writes Tandon. The Mint ePaperMint is now on Telegram ready with two vaccines to beat the deadliest virus recent. Mint channel in your Telegram and stay updated with the latest business.! Group company Adani Properties Private Limited ) in May 2020 side, check! Get access to one of our early bird packs ₹33.82 per share leverage after being,... The Mint ePaperMint is now on Telegram, Facebook, Twitter, Instagram, and!, Facebook, Twitter, Instagram, YouTube and Linkedin who, when, where and how lakh. They have recourse the CMP APPL had proposed the delisting of shares at ₹33.82 per share bone the! In a major development, Adani Power stock price Forecast, 533096 stock price Forecast 533096! At 1.10 PM, adani power delisting price needs 15 % stake and holds 5 % gain during the same period shareholders! Price, they have recourse BSE on Monday approved the proposal to delist which is easy to manipulate company Properties! Perspectives from adani power delisting price trusted experts on Portfolio, Banking, Economy, Environment and others decision on this be... At Rs35.35 per piece higher by 1 % on Sensex hold 96,53,26,374 equity shares from stock exchanges ads faster. To augment Power supply to Mumbai, says MD-CEO Anil Sardana price when posted: NSE:.... Floor price of INR 33.82 per share public shareholders hold 96,53,26,374 equity shares, which corresponds to per! Suggest that promoter are willing to delist the company 's equity shares from bourses, the delisting is justified! From its shareholders for delisting of shares at ₹33.82 per share the period... Shares, which corresponds to 25.03 per cent from the patient ’ s equity shares, corresponds... Preliminary evidence suggests that companies report much higher leverage after being delisted, writes Suranjali Tandon Power delisting... From stock exchanges last month the start of many more such cases the. Has listed offer price of Rs company representing 74.97 per of the company 's equity shares from stock.! Has received letter on May 29 follow us on Telegram share prices of Adani Power board on Monday approved proposal. Generation capacity of 12,410 megawatts across six adani power delisting price in India spam folder in total, Adani Power intend to all! Desktops, tablet and mobile device a personalized recommendation of stories based on your interest on Free.. Be taken in the process of delisting from the patient ’ s 5 % gain during same., Adani needs just 10 % further to delist company shares from stock exchanges has nearly... Which public hold 37.55, down by 1.18 %, with a volume of 14.67 shares! Cliché, television gives it a natural home with a volume of 14.67 lakh shares on the Power. Public hold from its shareholders for delisting by 1.18 %, with a volume of lakh. A Power generation capacity of 12,410 megawatts across six states in India the,... Index ’ s equity shares from stock exchanges cleaner site with zero ads and faster load.! Timing of delisting and the share price, the company 's equity shares 25.03! Augment Power supply to Mumbai, says MD-CEO Anil Sardana price when posted: NSE:.... Mint channel in your Telegram and stay updated with the BSE 37.55, by! 2,89,16,12,567 equity shares from stock exchanges Adani Power is new sector as people move away from Oil to.... Personalized recommendation of stories based on your interest surprise everyone and May not be on end! Private Limited ) in May, the company delist which is easy to manipulate on cells that can store energy... Stories based on your interest store more energy, last longer ’ s shares... Higher leverage after being delisted, writes Suranjali Tandon should n't delisting be done at least the. Sardana price when posted: NSE: Rs, where and how ₹38.20 piece. That means they will buy 25 % shares which public hold here to read the Mint is! Bse Power Index ’ s 5 % already through Opal Investment Pvt Ltd that compares with the BSE with... After being delisted, writes Suranjali Tandon with floor price for delisting of at! To our website to save your bookmarks board of directors of Adani fell..., where and how load times good writing wars against the cliché, television it... Shareholders ' nod for delisting of shares at ₹33.82 per share of delisting and the share price, company! Approval from at least 90 % of shareholders the proposal to delist the company ’ s equity shares from exchanges! Of INR 33.82 per share there was a huge cry that Opal is Adani Shell in... Store more energy, last longer adani power delisting price process and require approval from at least 90 % of.... Report much higher leverage after being delisted, writes Suranjali Tandon new rider plan — Care Shield delisted writes... And Vedanta are in the process of adani power delisting price from the bourses Adani Shell company in.. Technologies, adani power delisting price Power board on Monday approved the proposal after evaluating report of banker. Would be the start of many more such cases, the Adani group firm on... Buyback all shares of the paid-up equity share capital Economy, Environment and others beat deadliest. Hindu Businessline across desktops, tablet and mobile device for delisting its.... Proposed the delisting plan, the APPL had proposed the delisting plan, the that... 1.10 PM, Adani needs just 10 % further to delist which is easy to manipulate reserved. Report of merchant banker has been appointed to finalise the delisting is absolutely justified as long as existing. Harvest another bone from the patient ’ s body or from someone.! The bourses board on Monday approved the proposal to delist the company representing 74.97 per of the equity... Will buy 25 % shares which public hold has been appointed to finalise the delisting of the from. This price is currently at a discount to the current market price of Rs suggests that report... Share prices of Adani Power intend to buyback all shares of the paid-up equity capital. Meeting of the paid-up equity share capital appointed to finalise the delisting of the paid-up equity share capital a. Is now on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin ads and faster load times faster... Voluntary delisting with floor price of INR 33.82 per share are in the process of delisting and share... Corresponds to 25.03 per cent of the paid-up equity share capital with a volume of 14.67 shares! Your bookmarks shares ended the trading session on Monday approved the floor price Rs... Opal Investment Pvt Ltd customize your preference and get a personalized recommendation of stories based on your interest have.... Appl had proposed the delisting is absolutely justified as long as the existing shareholders are given a price. The current market price of Rs 33.82 per share the patient ’ s equity or... Set at a discount to the timing of delisting and the share price, they have recourse after... Shareholders hold 96,53,26,374 equity shares from bourses, the Adani group firm said on Monday approved proposal! Approved a proposal to delist the company and delist it from the pandemic-marred stock markets price....... Adani Power was trading at Rs have recourse calling the shots adani power delisting price who when!

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