NSEGeneral Updates43m ago · 25 Sept 2026, 06:09 pm

General Updates

Adani Energy Solutions Limited · ADANIENSOL

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Adani Energy Solutions Limited has incorporated 8 new wholly-owned subsidiaries, Arasan Step V Limited to Arasan Step XII Limited, for the business of electric utilities.

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Earnings Impact0/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Adani Energy Solutions Limited has informed the Exchange about General Updates

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ADANITRANS_25092026180842_AESL_-_SE_Intimation_-_8_WOS.pdf

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25th September 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 539254 Scrip Code: ADANIENSOL Dear Sir/Madam, Sub: Intimation for Incorporation of Wholly Owned Subsidiaries of the Company. Ref: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. With reference to the captioned subject, we would like to inform that the Company has incorporated 8 (Eight) new Wholly Owned Subsidiaries as per MCA intimation(s) received by the Company on 24th September 2026 at about 06.30 p.m. IST. The details of the above-mentioned incorporation (as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026) are given hereinbelow as Annexure – A. You are requested to take the same on your records. Thanking you, Yours faithfully, For Adani Energy Solutions Limited Jaladhi Shukla Company Secretary Encl. as Above Adani Energy Solutions Ltd Tel +91 79 2555 7555 Adani Corporate House Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanienergysolutions.com Ahmedabad 382 421 Gujarat, India CIN: L40300GJ2013PLC077803 Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421 Annexure-A Sr. Particulars Details a) Name of the entity, date & country Name of the entities: of incorporation, etc.; 1. Arasan Step V Limited (“ASVL”) 2. Arasan Step VI Limited (“ASVIL”) 3. Arasan Step VII Limited (“ASVIIL”) 4. Arasan Step VIII Limited (“ASVIIIL”) 5. Arasan Step IX Limited (“ASIXL”) 6. Arasan Step X Limited (“ASXL”) 7. Arasan Step XI Limited (“ASXIL”) 8. Arasan Step XII Limited (“ASXIIL”) Date of incorporation: 24th September, 2026. Country of incorporation: India b) Name of holding company of the Adani Energy Solutions Limited is a holding incorporated company and relation Company of ASVL, ASVIL, ASVIIL, ASVIIIL, with the listed entity; ASIXL, ASXL, ASXIL and ASXIIL c) Industry to which the entity being Electric Utilities acquired belongs d) Brief background about the entity Incorporated by Adani Energy Solutions incorporated in terms of products / Limited, for carrying on the business of line of business; production, generation, transformation, transmission, processing, storing, supply and distribution of electricity. e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition. f) Nature of consideration - whether Cash cash consideration or share swap and details of the same; g) Cost of subscription / price at which ASVL, ASVIL, ASVIIL, ASVIIIL, ASIXL, ASXL, the shares are subscribed ASXIL and ASXIIL have been incorporated with a paid-up share capital of Rs. 5,00,000/- each (50,000 equity shares of Rs. 10/- each). The above shares have been subscribed at a face value of Rs. 10/- each per share. h) Percentage of shareholding / 100% of the shareholding(s) of ASVL, control by the listed entity and / or ASVIL, ASVIIL, ASVIIIL, ASIXL, ASXL, ASXIL number of shares allotted. and ASXIIL are held by Adani Energy Solutions Limited. Adani Energy Solutions Ltd Tel +91 79 2555 7555 Adani Corporate House Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanienergysolutions.com Ahmedabad 382 421 Gujarat, India CIN: L40300GJ2013PLC077803 Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421