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Adani Power secures member approval for borrowing limits up to Rs 100,000 crore
14-Aug-2026, 02:39
Adani Power Limited informed the BSE Limited and National Stock Exchange of India Limited that its members approved resolutions at an Extraordinary General Meeting on August 14, 2026, including an increase in borrowing limits up to Rs 100,000 crore, creation of a mortgage/charge on properties, conversion of loan into equity, and the raising of funds up to Rs 15,000 crore through the issuance of equity shares or other eligible securities via a Qualified Institutional Placement or other permissible mode.
Adani Power Limited informed the BSE Limited and National Stock Exchange of India Limited that its members approved resolutions at an Extraordinary General Meeting on August 14, 2026, including an increase in borrowing limits up to Rs 100,000 crore, creation of a mortgage/charge on properties, conversion of loan into equity, and the raising of funds up to Rs 15,000 crore through the issuance of equity shares or other eligible securities via a Qualified Institutional Placement or other permissible mode.