{"id":364588,"date":"2020-07-25T10:15:39","date_gmt":"2020-07-25T04:45:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364588"},"modified":"2020-07-25T10:27:34","modified_gmt":"2020-07-25T04:57:34","slug":"adani-power-gets-shareholders-nod-for-rs-3264-cr-delisting-proposal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-gets-shareholders-nod-for-rs-3264-cr-delisting-proposal\/","title":{"rendered":"Adani Power gets shareholders&#8217; nod for Rs 3,264-cr delisting proposal"},"content":{"rendered":"<p>Adani Power on Friday said it has received shareholders&#8217; approval for its Rs 3,264-crore delisting proposal. Last month, Adani Power had issued a notice for voluntary delisting of equity shares of the company from BSE Limited and National Stock Exchange of India Limited. <\/p>\n<p>&#8220;&#8230;(delisting) resolution as set out in the notice has been passed with the requisite majority on July 23, 2020, being the last date specified for remote e-voting,&#8221; a regulatory filing stated. <\/p>\n<p>The board of Adani Power had approved the proposal to delist company shares from stock exchanges last month. <\/p>\n<p>The company has worked out the floor price of Rs 33.82 per share to buy 96.53 crore equity shares with the public for about Rs 3,264 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Friday said it has received shareholders&#8217; approval for its Rs 3,264-crore delisting proposal. Last month, Adani Power had issued a notice for voluntary delisting of equity shares of the company from BSE Limited and National Stock Exchange of India Limited. &#8220;&#8230;(delisting) resolution as set out in the notice has been passed with the requisite majority on July 23, 2020, being the last date specified for remote e-voting,&#8221; a regulatory filing stated. The board of Adani Power had approved the proposal to delist company shares from stock exchanges last month. The company has worked out the floor price [&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":[135,130,232],"tags":[],"class_list":["post-364588","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364588","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=364588"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364588\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}