The shareholders’ of Adani Power have given their approval to convert debt or parts those of up to Rs 35,000 crore into fully paid up equity shares of the company.

Adani Power said in a BSE filing that the proposed special resolution for converting debt of up to Rs 35,000 crore into fully paid up equity shares of the company was passed with over 96 percent votes.

The statement further said that the proposed resolution to issue 39.81 crore equity share to promoters and promoters group of companies was also passed with 100 per cent votes polled in favour of the proposal.

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