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The shareholders of Adani Power have provided their approval for raising up to Rs 10,000 crore through issuing equity shares or other instruments like GDRs and debentures.
Adani Power has said in a BSE filing that the special resolution had been passed by the shareholders at the Annual General Meeting of the company held on August 9, 2016.
A resolution to hike the firm’s borrowing limit to Rs 45,000 crore from Rs 35,000 crore has also been passed by the shareholders.
