Adani Energy Solutions Merger & Restructuring Worth ₹0.05 Cr
Adani Energy Solutions incorporated a new wholly-owned subsidiary, Arasan Step V Limited, for electricity-related business, with a cash investment of Rs. 0.05 Crore.
- Value
- ₹0.05 Cr
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Adani Energy Solutions incorporated a new wholly-owned subsidiary, Arasan Step V Limited, for electricity-related business, with a cash investment of Rs. 0.05 Crore.
Adani Energy Solutions Ltd incorporated eight new wholly owned subsidiaries, Arasan Step V to XII, for electricity business activities with an aggregate investment of ₹0.40 Crore.
Adani Energy Solutions received a SEBI Settlement Order regarding a past application. The company paid a ₹0.10 Crore settlement amount, with no material financial impact.
Adani Energy Solutions received its first ESG rating from Niche Ninety Nine Capability and Certifications (OPC) Private Limited, achieving a score of 75/100.
Adani Energy Solutions' subsidiary PTSL signed a 25-year Power Purchase Agreement with MSEDCL for the supply of 2,500 MW of Round-the-Clock power.
GQG Partners and its PACs sold a 1.63% stake in Adani Energy Solutions Limited. The disposal was executed through multiple open market transactions.