Description

54,55,584 equity shares of Adani Green Energy Limited listed on BSE with effect from October 9, 2025, issued on preferential basis to promoter pursuant to warrant conversion.

Summary

BSE has listed 54,55,584 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) issued on a preferential basis to the promoter pursuant to warrant conversion. The shares will be available for trading from October 9, 2025, and are subject to an 18-month lock-in period ending April 9, 2027.

Key Points

  • 54,55,584 equity shares of Rs. 10/- each issued at a premium of Rs. 1470.75/-
  • Issue price: Rs. 1480.75 per share
  • Issued to promoter on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE364U01010
  • Distinguished Numbers: 2253945246 to 2259400829
  • Date of allotment: May 16, 2025
  • All shares subject to lock-in until April 9, 2027

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are informed to note the listing of new securities
  • Lock-in restrictions apply to all 54,55,584 shares until April 9, 2027
  • Shares cannot be transferred or traded by the allottee during the lock-in period

Important Dates

  • October 8, 2025: Notice date
  • May 16, 2025: Date of allotment
  • October 9, 2025: Listing and trading commencement date
  • April 9, 2027: Lock-in period expiry date

Impact Assessment

Market Impact: The listing adds 54.55 lakh shares to Adani Green Energy’s equity capital, representing a preferential allotment to promoters. Since all shares are locked in until April 2027, there is no immediate impact on free float or tradable quantity.

Operational Impact: This is a routine listing notification following warrant conversion. The shares rank equally with existing equity shares, maintaining uniformity in shareholder rights. The 18-month lock-in period aligns with SEBI regulations for preferential allotments to promoters.

Impact Justification

Standard listing notification for preferential allotment to promoter. Medium impact due to significant share count (54.55 lakh shares) but routine corporate action with 18-month lock-in period.