Adani Power’s stock value increased following a deal with Bhutan’s Druk Green Power Corp for a hydroelectric project. The companies will jointly establish a public company in Bhutan. Adani Power shareholders approved a stock split. Each share of Rs 10 will be subdivided into five shares of Rs 2 each.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall