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 and trading of 18,84,671 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) effective from October 17, 2025. These shares were issued to promoters on a preferential basis at Rs. 1480.75 per share (face value Rs. 10 plus premium of Rs. 1470.75) pursuant to conversion of warrants. The shares are subject to a lock-in period until April 19, 2027.

Key Points

  • 18,84,671 equity shares of Rs. 10/- each issued at premium of Rs. 1,470.75/-
  • Total issue price: Rs. 1,480.75 per share
  • Issued to promoters on preferential basis through warrant conversion
  • Date of allotment: May 20, 2025
  • Trading commencement: October 17, 2025
  • Distinctive numbers: 2259400830 to 2261285500
  • ISIN: INE364U01010
  • New shares rank pari-passu with existing equity shares
  • Complete lock-in on all shares until April 19, 2027

Regulatory Changes

No regulatory changes. This is a standard listing notification for preferential allotment.

Compliance Requirements

  • Trading members must take note of the new securities listed on the exchange
  • Lock-in restrictions must be enforced until April 19, 2027
  • All 18,84,671 shares are subject to lock-in and cannot be transferred before the lock-in expiry date

Important Dates

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

Impact Assessment

Market Impact: Medium - The preferential allotment increases the paid-up capital of Adani Green Energy Limited by approximately 1.27% (assuming current base). The shares are locked-in until April 2027, so no immediate impact on free float or trading liquidity.

Promoter Holdings: The allotment to promoters will increase promoter holding percentage, strengthening their stake in the company.

Price Impact: Minimal immediate impact as shares are locked-in and this was a known corporate action from warrant conversion approved earlier.

Investor Consideration: Investors should factor in the dilution from warrant conversion and monitor promoter holding levels post this allotment.

Impact Justification

Standard preferential allotment to promoters with lock-in period. Material for tracking promoter holding changes and supply of shares, but routine corporate action.