Adani Power: NCLT Approves Amalgamation of Vidarbha Industries Power

Adani Power Limited (APL) has received final approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for the amalgamation of its wholly-owned subsidiary, Vidarbha Industries Power Limited (VIPL), with APL. This follows the NCLT Ahmedabad's earlier sanction for the amalgamation of nine other wholly-owned subsidiaries. The appointed date for the scheme is April 1, 2025. The amalgamation is expected to be effective upon completion of the remaining procedural steps, after which APL will update the exchanges. This move consolidates APL's subsidiary structure.