Adani Power Limited has received a significant corporate update as the National Company Law Tribunal (NCLT), Ahmedabad Bench, has sanctioned the Scheme of Amalgamation. This order, dated August 4, 2026, approves the amalgamation of ten wholly-owned subsidiaries with Adani Power Limited. The Scheme’s Appointed Date is April 1, 2025, with effectiveness contingent on further steps. The NCLT Mumbai bench is still hearing the matter for one subsidiary, Vidarbha Industries Power Limited.
NCLT Sanctions Amalgamation Scheme
Adani Power Limited has announced a major corporate development with the National Company Law Tribunal (NCLT), Ahmedabad Bench, sanctioning its proposed Scheme of Amalgamation. The order, issued on August 4, 2026, greenlights the amalgamation of nine of its wholly-owned subsidiaries with the parent company. These subsidiaries include Adani Power Dahej Limited, Kutchh Power Generation Limited, Resurgent Fuel Management Limited, Mahan Fuel Management Limited, Orissa Thermal Energy Limited, Korba Power Limited, Anuppur Thermal Energy (MP) Private Limited, Mirzapur Thermal Energy (UP) Private Limited, and Emberiza Infra Park Limited.
Key Details of the Scheme
The Appointed Date for this significant corporate restructuring has been set as April 1, 2025. The Scheme will officially become effective upon the completion of all stipulated steps outlined within the approved Scheme. The filing with the stock exchanges, dated August 5, 2026, also notes that the matter concerning Vidarbha Industries Power Limited remains sub-judice before the Hon’ble NCLT Mumbai.
Next Steps and Compliance
Adani Power Limited will provide further updates to the exchanges once the Scheme is officially effective. The company has confirmed that the order sanctioning the Scheme has been uploaded by the Hon’ble NCLT Ahmedabad on its website on August 5, 2026. The company has also been directed to ensure compliance with various statutory filings and regulatory requirements, including those related to stamp duty, taxes, and other charges, as per the NCLT’s order.
The NCLT order, pronounced by the Coram of Mrs. Chitra Hankare, Hon’ble Member (J), and Dr. Velamur G Venkata Chalapathy, Hon’ble Member (T), confirms the allowance of Company Petition No. CP (CAA) 9 of 2026 in CA (CAA) 66 of 2025. The Scheme’s effective date is contingent on completing all necessary filings and procedural steps.
Source: BSE
