General Updates

October 07, 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, Sub: Intimation for execution of Share Purchase Agreement for acquiring 100% Equity Shares of Satara Power Transmission Limited. 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 and in continuation to our earlier intimation dated August 26, 2026, regarding media release on the subject “AESL Wins Rs 4,700 crore transmission project in Maharashtra for evacuation of 4,500 MW of Renewable & Storage Power”, we would like to inform that the Company has on October 06, 2026, at about 05:00 p.m. IST executed Share Purchase Agreement (SPA) with PFC Consulting Limited (PFCCL) for acquiring 100% Equity Shares of Satara Power Transmission Limited (“SPTL”). In this connection, please find enclosed herewith the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as Annexure A. Kindly take the same on records. 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” The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details a) Name of the target entity, details Satara Power Transmission Limited in brief such as size, turnover etc. i) Authorized Share Capital: Rs. 1 Lakh. ii) Paid-Up Share Capital: Rs. 1 Lakh. iii) T urnover: Not applicable b) Whether the acquisition would fall No within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s l ength”. c) Industry to which the entity being Electric Utilities a cquired belongs (Transmission Service Provider) d) Objects and effects of acquisition This acquisition is proposed to further (including but not limited to, AESL’s strategy for enhancing value disclosure of reasons for for its shareholders through organic as acquisition of target entity, if its well as inorganic opportunities. business is outside the main line of business of the listed entity) SPTL has been planned to facilitate an additional 765 kV Inter-regional corridor between SR and WR Grids (Narendra – Kolhapur – Satara – Pune- III / Pune (East) 765 kV corridor) and will enable further additional evacuation of RE power in Karnataka towards load centers and PSP projects in Satara / Pune / MMR areas of Maharashtra. e) Brief details of any governmental Not Applicable or regulatory approvals required f or the acquisition. 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 f) Indicative time period for Completed c ompletion of the acquisition g) Nature of consideration - whether cash consideration or share swap or any other form and details of Cash the same. h) Cost of acquisition and/or the Equity Shares are being acquired at price at which the shares are a face value of Rs. 10/- each. a cquired; i) Percentage of shareholding / 100% control acquired and / or number o f shares acquired; j) Brief background about the entity SPTL is incorporated in India and acquired in terms of products/line registered with the Registrar of of business acquired, date of Companies, New Delhi on July 10, incorporation, history of last 3 2026. years turnover, country in which the acquired entity has presence History of last 03 years turnover – Not and any other significant Applicable information (in brief); ********** 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