NSEGeneral Updates7 Sept 2026 · 7 Sept 2026, 04:31 pm

General Updates

Adani Power Limited · ADANIPOWER

✦ AI SummaryInsolvency

Adani Power Limited has informed the Exchange about Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited, a company undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Adani Power Limited has informed the Exchange about Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited

Attachments (1)

📄

ADANIPOWER_07092026163040_APLLOIResoPlanapprovedbyCOCGVK07092026.pdf

pdf

Download →
View document text
September 7, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 533096 Scrip Code: ADANIPOWER Dear Sirs / Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 – Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited This is to inform that the Committee of Creditors ("COC") of GVK Energy Limited (“GVKEL”), a company undergoing Corporate Insolvency Resolution Process ("CIRP") under the Insolvency and Bankruptcy Code 2016 ("IBC") has approved the Resolution Plan submitted by Adani Power Limited (“APL”). In this regard, APL has received a Letter of Intent ("LOI") from the Resolution Professional ("RP") on September 07, 2026, at 9.35 a.m. GVKEL owns and operates a 330 MW hydroelectric power plant located in Uttarakhand through its subsidiary Alaknanda Hydro Power Company Limited. The implementation of the resolution plan is subject to the terms of the LOI and requisite approvals from the National Company Law Tribunal, Hyderabad and / or any other regulatory authority / courts / tribunal (as the case may be) under applicable laws. This is for your information and taking on record. For Adani Power Limited Puneet Bansal Company Secretary Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN: L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421