Adani Power appoints merchant banker for due diligence on delisting plan
Adani PowerNSE 1.19 % board has appointed a merchant banker to finalise its delisting plan, the company informed the bourses on Wednesday.
The billionaire-Gautam Adani led company said its board has taken on record the delisting proposal letter and has appointed Vivro Financial SeNices Private as the merchant banker.
“After the receipt of the due diligence report from the merchant banker, the board will again meet to discuss the delisting proposal in detail,” the company said.
