Held on 03 November 2015
Adani Power announced that the Board of Directors of the Company at its meeting held on 03 November 2015, inter alia, has approved the following:1. Issue of equity shares on preferential basis to the promoter and promoter group of the Company up to 39.81 crores equity shares at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2009 subject to approval of members by postal ballot process and any other approval, if required.
2. Vneet S. Jaain, Executive Director has been re-designated as Whole-time Director of the Company subject to approval of members, if required.
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