{"id":358830,"date":"2020-06-23T11:57:09","date_gmt":"2020-06-23T06:27:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358830"},"modified":"2020-06-23T11:57:09","modified_gmt":"2020-06-23T06:27:09","slug":"adani-power-board-approves-%e2%82%b93264-crore-delisting-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-board-approves-%e2%82%b93264-crore-delisting-plan\/","title":{"rendered":"Adani Power board approves \u20b93,264 crore delisting plan"},"content":{"rendered":"<p>NEW DELHI : The board of Adani Power has approved a proposal to delist company shares from stock exchanges, the Adani group firm said on Monday.<\/p>\n<p>The company has worked out the floor price of \u20b933.82 per share to buy 96.53 crore equity shares with the public for about \u20b93,264 crore.<\/p>\n<p>In a regulatory filing, the company said it will seek shareholders nod for delisting from BSE and National Stock Exchange through a postal ballot.<\/p>\n<p>The board, &#8220;granted approval&#8230; to the delisting proposal and consequent voluntary delisting of equity shares of the company from stock exchanges subject to receipt of all necessary approvals as may be required for delisting proposal, after having discussed and considered various factors and the report&#8221;, the filing said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The board of Adani Power has approved a proposal to delist company shares from stock exchanges, the Adani group firm said on Monday. The company has worked out the floor price of \u20b933.82 per share to buy 96.53 crore equity shares with the public for about \u20b93,264 crore. In a regulatory filing, the company said it will seek shareholders nod for delisting from BSE and National Stock Exchange through a postal ballot. The board, &#8220;granted approval&#8230; to the delisting proposal and consequent voluntary delisting of equity shares of the company from stock exchanges subject to receipt of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-358830","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358830"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358830\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}