ADANIPOWER

Adani Power Limited has announced the book closure from Thursday, June 18, 2026, to Thursday, June 25, 2026 (both days inclusive) for the purpose of its 30th Annual General Meeting (AGM). The AGM will be held on Thursday, June 25, 2026, at 2:30 p.m. (IST). The cut-off date for ascertaining shareholders entitled to e-voting is June 18, 2026.

Adani Power Limited announced its 30th Annual General Meeting (AGM) to be held on Thursday, June 25, 2026, at 2:30 p.m. (IST) via video conferencing. The agenda includes adopting financial statements for FY 2025-26, confirming a 0.01% dividend on Compulsorily Redeemable Preference Shares, re-appointing Mr. Gautam S. Adani as Director and Mr. Anil Sardana as Managing Director, ratifying cost auditor remuneration for FY 2026-27, and approving material related party transactions. The cut-off date for e-voting is June 18, 2026.

Adani Power Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report details the company's commitment to Environmental, Social, and Governance (ESG) principles, highlighting initiatives such as reducing carbon intensity, achieving Zero Liquid Discharge, 100% ash utilization, and significant social impact through community development. Key goals include achieving "Zero Harm," planting 100 million trees by 2030, and becoming single-use plastic-free, with an aim to be a top 5 global electricity generation company within five years.

Adani Power Limited has completed the acquisition of power-related assets and investments from Jaiprakash Associates Limited (JAL) on May 21, 2026. This includes a 24% stake in Jaiprakash Power Ventures Limited (JVPL) and a 180 MW thermal power plant in Churk along with an 11.49% stake in Prayagraj Power Generation Company Limited.

Adani Power has entered into definitive agreements to acquire 24% shares of Jaiprakash Power Ventures Limited and JAL's 180 MW thermal power plant in Churk, along with 11.49% shares of Prayagraj Power Generation Company Limited from Jaiprakash Associates Limited. The total cash consideration for these acquisitions is approximately INR 4,193.59 Crores. The transaction is part of an NCLT-approved resolution plan and is expected to be consummated within 90 days from March 17, 2026, with CCI approval already secured.

Adani Power Limited has entered into definitive agreements to acquire a 24% stake in Jaiprakash Power Ventures Limited (JPVL) for ₹2,993.59 Crores and a 180 MW thermal power plant along with 11.49% shares of Prayagraj Power Generation Company Limited from Jaiprakash Associates Limited for ₹1,200 Crores. The total acquisition value is approximately ₹4,193.59 Crores, paid in cash. This acquisition is part of an NCLT-approved resolution plan and is expected to be completed within 90 days from March 17, 2026.

Adani Power Limited has incorporated a new wholly-owned subsidiary, Integrated Power Supply Limited (IPSL), on May 14, 2026. IPSL is 100% held by Adani Power and is engaged in trading and dealing in all forms of electricity and other energy sources, with an authorized share capital of ₹5,00,000.

Adani Power clarified a media report regarding CCI approval for its potential acquisition of GVK Energy. The company stated that GVK Energy is undergoing CIRP, and while the CCI approval has been received (a pre-condition for CoC consideration), the resolution plans are still under consideration and have not yet been approved by the Committee of Creditors. Adani Power emphasized that the article has no material impact on the company.

Management affirmed its capacity expansion goal to 42 GW by FY31-32, with annual commissioning of 4 GW or more from FY29-FY32. Near-term additions for FY27 were revised to 1.32 GW and FY28 to 1.6 GW, deferring some targets by ~6 months due to geopolitical issues. Capex is projected at INR25,000 crores for FY26-27 and INR33,000 crores for FY27-28. The company targets INR50,000 crores EBITDA by FY2031, expects INR20,000 crores annual FFO, and aims to be debt-free by FY31-32. Growth will be driven by new PPAs, including a 1,600 MW PPA from Maharashtra, and exploration of hydro, transmission, and nuclear power opportunities.

Adani Power Limited will participate in an 'Adani Annual Conference - India Chapter' group meeting with investors/analysts in Mumbai on June 03-04, 2026, from 10:00 am to 4:00 pm (IST). The date is subject to changes due to exigencies on the part of the Company.

Adani Power Limited informed that the audio recording of the post-results update call with analysts/investors held on April 30, 2026, is now available. A link to access the recording has been provided.

Adani Power Limited reported Audited Consolidated Financial Results for the quarter ended March 31, 2026. Consolidated Revenue stood at ₹14,223.09 Cr vs ₹14,237.40 Cr (▼0.10% YoY), EBITDA was ₹4,732.47 Cr vs ₹4,812.63 Cr (▼1.66% YoY), and Net Profit (PAT) significantly increased to ₹4,271.40 Cr vs ₹2,599.23 Cr (▲64.33% YoY). EBITDA Margin was 33.27% vs 33.80% (▼53 bps). The Board also approved the re-appointment of Mr. Anil Sardana as Managing Director and appointed BDO India Services Private Limited as the Internal Auditor.

Adani Power Ltd announced the rescheduling of its Q4FY26 earnings conference call for research analysts and investors from April 29, 2026, to April 30, 2026, at 11:00 a.m. IST.