Description

54,55,584 equity shares of Adani Green Energy Limited listed on BSE effective October 9, 2025, issued to Promoter on preferential basis pursuant to conversion of warrants.

Summary

BSE has approved the listing of 54,55,584 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) effective October 9, 2025. These shares were issued to the Promoter on a preferential basis following the conversion of warrants. The shares are priced at Rs. 1,480.75 per share (face value Rs. 10 plus premium of Rs. 1,470.75) and rank pari-passu with existing equity shares. All newly listed shares are subject to lock-in until April 9, 2027.

Key Points

  • Total Shares Listed: 54,55,584 equity shares of Rs. 10/- each
  • Issue Type: Preferential allotment to Promoter pursuant to warrant conversion
  • Issue Price: Rs. 1,480.75 per share (Rs. 10 face value + Rs. 1,470.75 premium)
  • Trading Commencement: October 9, 2025
  • Distinctive Numbers: 2253945246 to 2259400829
  • Date of Allotment: May 16, 2025
  • ISIN: INE364U01010
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for securities already allotted.

Compliance Requirements

  • Trading members must note the new securities are available for trading from October 9, 2025
  • All 54,55,584 shares are subject to mandatory lock-in restrictions
  • Shares cannot be transferred or sold until the lock-in period expires

Important Dates

  • Allotment Date: May 16, 2025
  • Listing Date: October 9, 2025 (Thursday)
  • Lock-in Expiry: April 9, 2027

Impact Assessment

Market Impact: Low to Medium. This is a preferential allotment to the promoter group, representing additional capital infusion into Adani Green Energy Limited. The shares were issued at a significant premium (Rs. 1,470.75), indicating strong promoter confidence.

Liquidity Impact: Minimal immediate impact on float as all shares are locked-in for approximately 18 months from listing date. No dilution impact on public shareholders’ voting rights as shares were allotted to promoters.

Operational Impact: The fundraise through warrant conversion strengthens the company’s capital base, potentially supporting ongoing renewable energy projects and expansion plans.

Impact Justification

Routine listing of preferential shares to promoter post warrant conversion. Medium impact due to material shareholding increase of 5.46 million shares with lock-in until April 2027.