Adani Power Limited has informed the Exchange about Updated Disclosure for Acquisition of certain power assets and investments of Jaiprakash Associates Limited

Listed-company acquisitionScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

ADANIPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹219.80

prior close

₹220.50

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%-0.5% vs market

Power peers, median of 36sector · industry level-0.0%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty 100 and 0.2 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.6

15m

+0.6

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.3-0.5-0.0-0.2

Next day

+6.5+1.6+4.9+1.2+5.3

+11.5+1.3+10.2+0.6+10.9

+13.5+1.5+12.0+2.6+10.9

+11.0+0.0+11.0+0.5+10.5

+6.0-0.8+6.8-1.2+7.2

+5.9-0.8+6.7-0.4+6.4

15d

+0.3+1.3-0.9-1.9+2.2

+6.1+2.5+3.6-1.4+7.5

-1.3+1.9-3.2-6.4+5.2

-7.6+3.1-10.8-10.6+3.0

UpDownMarket · Nifty 100Sector · Power peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Adani Power Limited has entered into definitive agreements to acquire power assets from Jaiprakash Associates Limited (JAL) under the NCLT-approved resolution plan. The acquisitions include: (1) 24% shareholding of Jaiprakash Power Ventures Limited (JPVL), a listed entity, for INR 2,993.59 crore; and (2) a 180 MW thermal power plant at Churk, Uttar Pradesh, along with 11.49% stake in Prayagraj Power Generation Company Limited, for INR 1,200 crore. Total consideration is approximately INR 4,193.59 crore, payable in cash. JPVL has aggregate power generation capacity of 2,220 MW across three plants. The resolution plan received NCLT approval on March 17, 2026 and was upheld by NCLAT on May 4, 2026. Competition Commission of India approval was already obtained on August 26, 2025. The transaction is expected to close within 90 days of the NCLT approval date.

Likely market impact

The acquisition strengthens Adani Power's generation capacity and aligns with its core business. The listed company stake acquisition (JPVL at 24%) may have open offer implications under SEBI regulations.