Description

54,71,933 equity shares of Adani Green Energy Limited issued to Promoters on preferential basis pursuant to warrant conversion are listed and permitted to trade from October 17, 2025.

Summary

BSE has listed 54,71,933 new equity shares of Adani Green Energy Limited (Scrip Code: 541450) issued to Promoters on a preferential basis pursuant to conversion of warrants. These shares will be available for trading from Friday, October 17, 2025. The shares were allotted at an issue price of Rs. 1480.75 per share (face value Rs. 10 + premium Rs. 1470.75) and are subject to lock-in until April 24, 2027.

Key Points

  • 54,71,933 equity shares of Rs. 10/- each issued at premium of Rs. 1470.75
  • Issued to Promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE364U01010
  • Distinctive Numbers: 2261285501 to 2266757433
  • Date of Allotment: May 22, 2025
  • Issue Price: Rs. 1480.75 per share

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed that these new securities are now listed and permitted for trading
  • All 54,71,933 shares are subject to lock-in provisions

Important Dates

  • Date of Allotment: May 22, 2025
  • Trading Commencement: October 17, 2025
  • Lock-in Expiry: April 24, 2027

Impact Assessment

This listing represents a preferential allotment to promoters through warrant conversion, which increases promoter shareholding in Adani Green Energy Limited. The issue price of Rs. 1480.75 indicates a significant premium over face value. The lock-in period of approximately 18 months from the trading date ensures promoter commitment. The shares being pari-passu with existing equity means they carry the same rights and privileges. This is a routine corporate action with medium market impact due to the promoter nature of the allotment and the relatively small size compared to the company’s total equity base.

Impact Justification

Routine listing of preferential allotment shares post warrant conversion. Medium impact due to promoter shareholding increase and lock-in period till April 2027.