Adani Energy to hunt shareholders’ nod for related-party deal of Rs 5,000 cr

Adani Energy on Tuesday mentioned it should search shareholders’ approval for the proposed related-party transaction price as much as Rs 5,000 crore with AdaniConnex Pvt Ltd (ACPL) throughout its annual common assembly on July 27. The transaction entails sale by Adani Energy (APL) of its SPVs (Particular Function Car)/ subsidiaries by which … Read more