Adani Power Limited has informed the Exchange about Scheme of Amalgamation of Adani Power (Jharkhand) Limited with Adani Power Limited, becoming effective
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Adani Power Limited (APL) has confirmed that its wholly owned subsidiary, Adani Power (Jharkhand) Limited (APJL), has officially merged into APL effective April 25, 2025. The NCLT Ahmedabad bench had sanctioned the scheme on April 4, 2025, and all conditions for effectiveness have now been fulfilled. As a result, APJL stands dissolved without being wound up and its operations are now part of APL. The appointed date for the merger is April 1, 2024, meaning the financials of APJL are treated as part of APL from that date onward.
This is an internal restructuring with no impact on APL shareholders since APJL was a wholly owned subsidiary — no share swap, no dilution, and no open offer triggered. The merger simplifies the group structure and consolidates Jharkhand-based power operations directly under APL, which is operationally neutral but may marginally improve reporting clarity.