Description

Listing of 18,84,671 equity shares of Adani Green Energy Limited issued to promoters on preferential basis pursuant to conversion of warrants, effective October 17, 2025.

Summary

BSE has announced the listing of 18,84,671 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) effective from October 17, 2025. These shares were issued at a premium to promoters on a preferential basis pursuant to the conversion of warrants. The shares carry a lock-in period until April 19, 2027.

Key Points

  • 18,84,671 equity shares of Rs. 10/- each listed
  • Issue price: Rs. 1,480.75 per share (including premium of Rs. 1,470.75)
  • Issued to promoters on preferential basis through warrant conversion
  • Trading permitted from Friday, October 17, 2025
  • Distinctive Numbers: 2259400830 to 2261285500
  • Date of Allotment: May 20, 2025
  • ISIN: INE364U01010
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for new securities issued pursuant to warrant conversion under existing SEBI regulations for preferential allotment.

Compliance Requirements

  • Trading members must note the new securities available for trading from October 17, 2025
  • All newly listed shares are subject to lock-in restrictions until April 19, 2027
  • Market participants should update their records with the new distinctive number range

Important Dates

  • Allotment Date: May 20, 2025
  • Trading Commencement: October 17, 2025 (Friday)
  • Lock-in Expiry: April 19, 2027

Impact Assessment

Market Impact: The listing adds 18.84 lakh shares to Adani Green Energy’s outstanding equity base. However, immediate market impact is limited as all shares are locked-in for approximately 18 months until April 2027, preventing any trading or transfer during this period.

Promoter Holdings: The preferential allotment to promoters will increase promoter shareholding percentage, strengthening their control over the company.

Liquidity Impact: Minimal immediate impact on stock liquidity since locked-in shares cannot be traded. Post lock-in expiry in 2027, the additional shares may marginally increase float.

Financial Impact: The allotment at Rs. 1,480.75 per share raised approximately Rs. 279.02 crores for the company, supporting its capital requirements for renewable energy projects.

Impact Justification

Medium importance due to significant equity issuance (18.84 lakh shares) by a major renewable energy company. Medium impact as shares are locked-in until April 2027 and issued to promoters, affecting promoter holding percentage but not immediate trading volumes.