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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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