27 Feb 2026 | 3 Mins Read
Sarda Energy shares rise 8% after SC dismisses SKS Power bid challenge
Flipitmoney
On February 27, the Supreme Court dismissed an appeal by Torrent Power, Jindal Power, and Vantage Point, clearing the path for Sarda Energy to acquire SKS Power. Shares of Sarda Energy gained 8% on February 27, following the court order. The acquisition will reduce cyclicality in Sarda Energy's business.