NCLT Mumbai approves Adani Power's scheme to amalgamate 10 transferor companies, including Vidarbha Industries Power, into itself.
The scheme aims to achieve operational efficiency, financial strength, and simplification of corporate structure with an appointed date of 1st April 2025.
Meetings for shareholders and creditors are dispensed with as the transferor companies are wholly-owned and creditor interests are unaffected.
The transferee company, Adani Power, had standalone assets exceeding liabilities by Rs. 47,882.09 crore as of September 30, 2025.