1. Ventura Power pledges its 2.65% stake in Adani Power

Ventura Power pledges its 2.65% stake in Adani Power

Ventura Power Investments Pvt Ltd has pledged 7,77,37,201 shares in Adani Power Ltd to IDBI Trusteeship Services Ltd.

By: | New Delhi | Published: July 14, 2015 10:16 AM
adani power

The share of Adani Power was trading at a flat rate of Rs 28.55 a piece at Bombay Stock Exchange. (Image: www.adanipower.com)

Ventura Power Investments Pvt Ltd said it has pledged 7.77 crore shares or 2.65 per cent stake in Adani Power Ltd on Tuesday, to IDBI Trusteeship Services Ltd.

The company has pledged 7,77,37,201 shares in Adani Power Ltd to IDBI Trusteeship Services Ltd, Ventura Power Investments Pvt Ltd informed the BSE today.

According to the statement, after pledging the 7.77 crore share , Ventura Power Investments Pvt Ltd is left with no equity in the company.

The share of Adani Power was trading at a flat rate of Rs 28.55 a piece at Bombay Stock Exchange.

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