NSEGeneral Updates29 Sept 2026 · 29 Sept 2026, 08:36 am

General Updates

Adani Energy Solutions Limited · ADANIENSOL

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Adani Energy Solutions Limited has received a settlement order from SEBI without admission or denial of findings, settling proceedings initiated by SEBI without material financial impact on the company.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Adani Energy Solutions Limited has informed the Exchange about Updates

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ADANITRANS_29092026083624_AESL_Settlement_Order_-_SE_Intimation.pdf

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September 29, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 539254 Scrip Code: ADANIENSOL Sub.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, Pursuant to the acceptance of the terms of settlement by the Securities and Exchange Board of India (“SEBI”), a Settlement Order has been passed in respect of the settlement applications filed by Adani Energy Solutions Limited (formerly known as Adani Transmission Limited) (the “Company”), its directors, Mr. Gautam S. Adani, Mr. Rajesh S. Adani and Mr. Anil Kumar Sardana, and its erstwhile directors, Mr. Deepak Bhargava and Mr. Laxmi Narayana Mishra, without admission or denial of the findings of fact and conclusions of law in respect of the alleged violations, under the SEBI (Settlement Proceedings) Regulations, 2018. The details of the Settlement Order as required to be provided under Regulation 30 of the SEBI Listing Regulations are enclosed as Annexure A. We request you to take the above on record. 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 Details of the Settlement Order Sr. Particulars Details 1. Name of the listed company Adani Energy Solutions Limited (formerly known as Adani Transmission Limited) (“Company”) 2. Type of communication Settlement Order received 3. Date of receipt of September 28, 2026 communication 4. Authority from whom Securities and Exchange Board of India communication received (“SEBI”) 5. Brief summary of the material A settlement order has been passed by SEBI contents of the communication under the SEBI (Settlement Proceedings) received, including reasons for Regulations, 2018, in respect of the Company, its receipt of the communication directors, Mr. Gautam S. Adani, Mr. Rajesh S. Adani and Mr. Anil Kumar Sardana, and its erstwhile directors, Mr. Deepak Bhargava and Mr. Laxmi Narayana Mishra, settling the proceedings initiated by SEBI without admission or denial of the findings of fact and conclusions of law in respect of the alleged violations of Rule 19A of the Securities Contracts (Regulations) Rules, 1957, Clauses 35 and 40A of the erstwhile Listing Agreement and Regulations 31 and 38 of SEBI Listing Regulations, read with Section 27(1) of the SEBI Act, 1992 and Section 24(1) of the Securities Contracts (Regulation) Act, 1956. The Settlement Order is available at: https://www.sebi.gov.in/enforcement/orders/sep- 2026/settlement-order-in-the-matter-of-adani- group-companies_104779.html 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 Sr. Particulars Details 6. Period for which N.A. communication would be applicable, if stated 7. Expected financial implications The settlement amount is INR 37,05,000 and there on the listed company, if any is no material financial impact to the Company arising out of this Settlement Order. 8. Details of any aberrations / non Please refer to point no. 5 above. compliances identified by the authority in the communication 9. Details of any penalty or Settlement amount of INR 37,05,000 for the restriction or sanction imposed Company and the abovementioned directors. pursuant to the communication 10. Action(s) taken by listed N.A. company with respect to the communication 11. Any other relevant information None 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