Adani Power announced that ICRA has assigned �ICRA AA (Stable) / ICRA A1+` credit rating to the Bank Loan facilities and �ICRA AA (Stable)` credit rating to the proposed Non-Convertible Debentures (�NCDs�) of the Company. Powered by Capital Market - Live News

Adani Power announced that CARE Ratings has assigned �CARE AA; Stable` credit rating to the proposed Non-Convertible Debentures (NCDs) of the Company, and reaffirmed the credit ratings assigned to the Company`s bank loan facilities and NCDs at `CARE AA; Stable/ CARE A1+`. Powered by Capital Market - Live News

The Board of Adani Power at its meeting held on 29 January 2025 has approved the raising of funds by way of issuance of such number of equity shares having face value of Rs. 10 each of the Companyand / or other eligible securities or any combination thereof (hereinafter referred for an aggregate amount not exceeding Rs. 5,000 crore oran equivalent amount thereof by way of qualified institutions placement (QIP) or other permissible mode in one or more tranches. Powered by Capital Market - Live News

The Board of Adani Power at its meeting held on 29 January 2025 has approved enhancement and combination of the previously approved fund-raising limit by way of non convertible debentures (NCDs) from Rs. 5,000 crores to Rs. 11,000 crore, which are to be raised through public issue or private placement, or a mix thereof, and which may be issued in one or more tranche. Powered by Capital Market - Live News

Net profit of Adani Power rose 11.66% to Rs 3057.21 crore in the quarter ended December 2024 as against Rs 2737.96 crore during the previous quarter ended December 2023. Sales rose 5.23% to Rs 13671.18 crore in the quarter ended December 2024 as against Rs 12991.44 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales13671.1812991.44 5 OPM %36.7435.76 - PBDT5228.654212.61 24 PBT4058.643210.38 26 NP3057.212737.96 12 Powered by Capital Market - Live News