Outcome of Resolution by Circulation passed by the Board of Directors

Adani Power Ltd has informed BSE that the Board of Directors on March 23, 2013 approved preferential issue of equity shares to the promoter and promoter group of the Company upto 47,86,50,000 shares through Resolution by Circulation at a price being not less than the price determined in accordance with Chapter VII of SEBI (ICDR) Regulations, 2009 subject to approval of members by postal ballot process and any other approval, if required.

Source : BSE - www.bseindia.com

Published on March 25, 2013
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