Latest News

• Adani Green Energy Limited (ADANIGREEN) has allotted 54,55,584 equity shares with a face value of ₹ 10 each, at a premium of ₹ 1,470.75 per share.
• The allotment is pursuant to the exercise and conversion of 54,55,584 convertible warrants by Ardour Investment Holding Ltd, a promoter group entity.
• The balance subscription amount received was ₹ 1,110.56 per warrant (75% of the issue price).
• The Management Committee of the Board approved the allotment on May 16, 2025.
• Following the allotment, the issued, subscribed, and paid-up capital of the company increased from 160,42,56,245 shares (₹ 1,604,25,62,450) to 160,97,11,829 shares (₹ 1,609,71,18,290).
• The promoter/promoter group shareholding increased from 61.43% to 61.56% after the allotment.
• Ardour Investment Holding Ltd. can convert the balance 3,74,64,326 warrants by July 24, 2025.
• The total amount aggregated from the allotment is ₹ 605,87,53,367.04.

• Adani Green Energy Limited allotted 57,82,299 equity shares, with a face value of ₹ 10 each, upon conversion of an equivalent number of warrants.
• The warrants were exercised by Ardour Investment Holding Ltd, a promoter group entity.
• The conversion price was ₹ 1,480.75 per share, including a premium of ₹ 1,470.75.
• The company received ₹ 1,110.56 per warrant (75% of the issue price) as the balance subscription amount, totaling ₹ 642,5,89,977.44.
• Following the allotment, the issued, subscribed, and paid-up capital of Adani Green Energy increased from 159,84,73,946 shares (₹ 1598,47,39,460) to 160,42,56,245 shares (₹ 1604,25,62,450).
• The promoter/promoter group shareholding increased from 61.29% to 61.43%.
• Ardour Investment Holding Ltd. still has 4,29,19,910 warrants that can be converted until July 24, 2025.

Adani Green Energy Limited has announced the allotment of 7,61,688 fully paid-up equity shares of face value ₹10 each to Ardour Investment Holding Ltd., a member of the promoter group.

• This allotment is pursuant to the exercise and conversion of 7,61,688 convertible warrants.
• The warrants were originally allotted on January 25, 2024, at an issue price of ₹1,480.75 per warrant, with 25% (₹370.19) received initially.
• Ardour Investment Holding Ltd. has now paid the balance subscription amount of ₹1,110.56 per warrant (75% of the issue price).
• The total amount received for this conversion is ₹84,59,00,225.28.
• The allotment was approved by the Management Committee of the Board on May 07, 2025.
• Following this allotment, the company's issued, subscribed, and paid-up capital increased from 1,59,23,21,590 shares (₹1592,32,15,900) to 1,59,30,83,278 shares (₹1593,08,32,780).
• The promoter/promoter group shareholding increased from 61.14% to 61.16% of the total issued capital.
• Ardour Investment Holding Ltd. still holds a balance of 5,40,92,877 warrants, which can be converted by July 24, 2025.

Adani Green Energy Limited (AGEL) has released its Equity Investor Presentation for May 2025, providing updates on its performance, strategy, and future plans.

Key highlights from the presentation include:

• Operational Capacity: Reached 14.2 GW by FY25, with 1 GW expected to be operationalized by 15 May 2025.
• Generation: Generated 28.0 Bn units in FY25.
• EBITDA: Reported ₹8,818 crore EBITDA from power supply in FY25, maintaining an industry-leading margin of 92%.
• Growth Target: Reaffirmed its secured growth path to 50 GW capacity by 2030.
• Project Development: Progressing on the Khavda project, aiming to be the world's largest single-location RE project with a target of 30 GW by 2029. Also targeting over 5 GW of Hydro Pumped Storage Projects (PSP) by 2030, having kicked off the first 500 MW PSP project in Andhra Pradesh, targeted for completion by 2027.
• Operational Excellence: Utilizes an AI-enabled O&M approach through its Energy Network Operations Center (ENOC), resulting in high plant availability (99.5% for solar, 95.9% for wind, 99.6% for hybrid in FY25) and improved Capacity Utilization Factors (CUF).
• Capital Management: Highlights fully funded growth up to 50+ GW by 2030, supported by a USD 3.4 billion revolving construction facility and approximately USD 0.8 billion equity infusion by promoters. The company is also continuously improving its credit profile.
• ESG Commitments: Achieved Net Water positive status for 100% operating locations, Zero waste to landfill certification for all operational sites, and is committed to adopt 65% EV by FY30. AGEL is committed to Net Zero with SBTi and is ranked 1st in the RE Sector in Asia by ISS ESG.