Adani Power board on Wednesday appointed merchant banker Vivro Financial Services Pvt Ltd to evaluate the proposal to delist its equity shares from BSE and National Stock Exchange.
The board in its meeting on Wednesday appointed Vivro Financial Services Private Limited, a Category-I Merchant Banker registered with the Securities and Exchange Board of India for evaluating delisting proposal, the company said in a BSE filing.
The board in its meeting on Wednesday also authorised certain identified personnel to provide all details and information to the merchant banker for carrying out due diligence on the delisting proposal.
