Adani Power soars 5% after co appoints new CEO; dispute with GUVNL resolved
NEW DELHI: Shares of Adani Power NSE 6.86 % jumped 5 per cent in early trade Wednesday after the company approved the appointment of Shersingh B Khyalia as the company’s chief executive officer (CEO) with effect from January 11, 2022.
According to Adani Power’s filing, Shersingh B Khyalia is not related inter-se to any of the directors of the company.
The company’s counter climbed to a high of Rs 114.35 as against Rs 108.55 at previous close on the National Stock Exchange.
“Appointment with effect from January 11, 2022, has been approved by the Board of Directors of the Company in its Board Meeting held on January 11, 2022,” the company said in a filing to bourses on Tuesday.
