Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries

Adani Power share price increased following the NCLT’s approval of its plan to merge 10 subsidiaries. The Mumbai Bench sanctioned the merger of Vidarbha Industries Power Ltd. on 24 September, completing the merger process initiated by an earlier approval from the Ahmedabad Bench on 4 August.
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