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Adani Group - Adani Power's Rs 7,000 crore deal to buy DB Power assets falls through

We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired, the company said in a regulatory filing ....

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Deadline for Adani Power's Rs 7,000 Crore Acquisition of DB Power Assets Expires

The acquisition of DB Power by Adani Power was expected to expand Adani Power's operations in the thermal power sector in Chhattisgarh. ....

Janjgir Champa , Adani Group , Hindenburg Research , Db Power Ltd , Adani Power , Assets Expires , Adani Enterprise , Mundra Ultra Mega Power Project ,

Adani Power's Rs 7,000 crore deal to buy DB Power assets falls through

This comes at a time when the ports-to-energy conglomerate is battling fallout of a damning report by a US short-seller that alleged accounting fraud and stock manipulation, allegations that the Adani group has vehemently denied. ....

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Adani Power's Rs 7,000 Crore Deal To Buy DB Power Assets Falls Through

Gautam Adani-led Adani Power's planned Rs 7,017-crore acquisition of coal-based electricity generating units of DB Power Ltd has fallen as the deadline to complete the transaction expired without signing of the pact. ....

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