What took effect
Adani Power Limited told the exchanges that all conditions under its Scheme of Amalgamation have been fulfilled, and that the Scheme became effective on the Effective Date — 25 September 2026. As of that date, ten wholly owned subsidiaries "stand amalgamated with Adani Power Limited and dissolved without being wound up."
The ten entities named in the filing are Adani Power Dahej Limited; Kutchh Power Generation Limited (a step-down wholly owned subsidiary); 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; Emberiza Infra Park Limited; and Vidarbha Industries Power Limited.
The approvals behind it
The Scheme was sanctioned by the National Company Law Tribunal, Ahmedabad Bench, by order dated 4 August 2026, and by the National Company Law Tribunal, Mumbai Bench, by order dated 24 September 2026. The filing records the Appointed Date as 1 April 2025 — meaning the amalgamation is given effect from the start of that financial year, even though it became legally effective in September 2026.
Why it matters to a holder
This is an internal reorganisation that consolidates entities already fully owned by Adani Power into the parent. Because the subsidiaries were wholly owned, no new shares are issued to outside holders and the filing describes no change in the ownership of Adani Power. The practical effect is a simpler group structure, with the named businesses now held directly by the listed company rather than through separate legal entities.