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NASDAQ DIP and RIP
Posted On: 04/06/2016 10:27:22 AM
Post# of 23091
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Posted By: fitzkarz
Re: Jack30 #9939
Good news:

Outcome of Board Meeting

http://nseindia.com/corporates/corpInfo/equit...ouncements

06-Apr-2016 13:18
Adani Power Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 6, 2016, approved Preferential offer and issue of up to 52,30,00,000 (Fifty Two Crores Thirty Lacs) Warrants, convertible into equivalent number of Equity Shares of Rs. 10/- each to the promoter group entities subject to the approval of the Members of the Company through postal ballot by way of passing special resolution under Section 42 and 62 of the Companies Act, 2013 and other necessary regulatory approvals.

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NASDAQ DIP and RIP
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