Nearly 7.8 crore pledged shares of Adani Power amounting to 2.65 per cent stake in the company have been released.
These shares were pledged by one of the company's promoters -- Ventura Power Investments -- and were encumbered in favour of IDBI Trusteeship Services.
According to a regulatory filing, over 7.77 crore shares of Adani Power pledged by Ventura Power have been released.
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Shares of Adani Power closed flat at Rs 28.55 on BSE.