Description

Adani Green Energy Limited's 54,55,584 equity shares issued on preferential basis pursuant to warrant conversion will be listed and permitted to trade on BSE from October 9, 2025.

Summary

BSE has announced the listing of 54,55,584 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) issued to Promoter on a preferential basis pursuant to conversion of warrants. The shares will be listed and permitted to trade on the Exchange from Thursday, October 9, 2025. The shares were allotted on May 16, 2025 at an issue price of Rs. 1480.75 per share (face value Rs. 10 with premium of Rs. 1470.75) and 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. 1480.75 per share (face value Rs. 10 + premium Rs. 1470.75)
  • Trading commencement: October 9, 2025
  • Date of allotment: May 16, 2025
  • Distinctive numbers: 2253945246 to 2259400829
  • ISIN: INE364U01010
  • Scrip code: 541450
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 54,55,584 shares are subject to mandatory lock-in until April 9, 2027
  • Shares cannot be transferred or sold during the lock-in period as per SEBI regulations

Important Dates

  • Allotment date: May 16, 2025
  • Listing and trading commencement: October 9, 2025 (Thursday)
  • Lock-in expiry: April 9, 2027

Impact Assessment

Market Impact: Medium. The listing of 54.55 lakh shares represents additional equity capital raised through warrant conversion. However, shares are locked-in for promoters until April 2027, so no immediate selling pressure on the stock. The preferential allotment strengthens promoter holding and provides capital for company operations.

Operational Impact: Low for trading members - standard listing procedure with no special trading conditions beyond the lock-in restriction.

Dilution: The new shares will increase the total outstanding equity, causing minor dilution for existing non-promoter shareholders. The shares rank pari-passu with existing equity shares for all purposes including dividends and voting rights.

Impact Justification

Standard listing of equity shares from warrant conversion with lock-in period. Moderate impact due to Adani Green Energy's market prominence and the size of allotment (54.55 lakh shares).