The Board of Adani Energy Solutions at its meeting held on 27 May 2024 has approved raising of funds by way of issuance of such number of equity shares having face value of Rs 10 each of the Company and / or other eligible securities or any combination thereof, for an aggregate amount not exceeding Rs 12,500 crore or an equivalent amount thereof by way of Qualified Institutional Placement (QIP) or other permissible mode in one or more tranches. Powered by Capital Market - Live News

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 27 May 2024Powered by Capital Market - Live News

The Board of Adani Energy Solutions will meet on 27 May 2024 to approve the proposal of raising of funds by way of issuance equity shares or any other eligible securities (Securities) through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company.Powered by Capital Market - Live News

Adani Energy Solutions announced the conclusion of acquisition of 100% stake in Essar Transco (ETL) through its wholly owned subsidiary - Adani Transmission Step Two (ATST) on 15 May 2024. Consequently, ETL has become a wholly owned subsidiary of ATST and the step-down subsidiary of the company. With this acquisition, the cumulative network of the Company will reach 21,182 ckt kms, out of which 18,109 ckt kms is operational and 3,073 ckt kms is under various stages of execution. Further, with this scale of operations, the Company will derive synergies in terms of O&M cost optimization and shared resources. It will also fortify its position of being the largest private sector transmission and distribution company in the country. Powered by Capital Market - Live News

Adani Energy Solutions announced that the 11th Annual General Meeting (AGM) of the company will be held on 25 June 2024.Powered by Capital Market - Live News