New Delhi, Sept. 25 -- Adani Power share price rose nearly 2% on Friday, 25 September, after its proposed scheme to merge 10 wholly owned subsidiaries with the company received the requisite approvals from the National Company Law Tribunal (NCLT).

According to the company's exchange filing, the latest approval came from the NCLT Mumbai Bench, which sanctioned the merger of Vidarbha Industries Power Ltd (VIPL) with Adani Power through an order dated 24 September 2026. The order was uploaded on the NCLT website on 25 September, the company said.

The approval completes the tribunal process for the proposed amalgamation, with the NCLT Ahmedabad Bench having earlier sanctioned the merger of the remaining nine subsidiaries through its order d...