Adani Power declared successful resolution applicant for GVK Energy

Strategic 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

+1.9%Reaction day

₹204.60

prior close

₹205.20

announcement price

After-mkt

timing

Nifty 100market-0.4%+2.3% vs market

Power peers, median of 37sector · industry level-0.2%+2.1% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty 100 and 2.1 pts more 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

-0.3

10m

+0.1

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.4+2.3-0.2+2.1

Next day

+5.0-1.1+6.2+0.6+4.5

+4.3-1.0+5.4-0.0+4.4

+2.6-1.4+4.1-0.7+3.3

-1.3-2.8+1.6-2.7+1.4

-0.8-2.5+1.7-2.1+1.2

+1.9-1.6+3.5-2.0+3.9

15d

-0.3-4.7+4.4-3.9+3.6

-8.1-6.6-1.5-8.0-0.1

—————

UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

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

AI summary

Adani Power has been approved as the successful resolution applicant by the Committee of Creditors of GVK Energy Limited, which is undergoing Corporate Insolvency Resolution Process under the IBC. APL received the Letter of Intent from the Resolution Professional on September 7, 2026. GVKEL owns and operates a 330 MW hydroelectric power plant in Uttarakhand through its subsidiary Alaknanda Hydro Power Company Limited. Implementation is subject to NCLT Hyderabad and other regulatory approvals.

Likely market impact

Adds 330 MW hydropower capacity to APL portfolio via insolvency route. Awaiting NCLT and regulatory clearances before completion.