NSEGeneral Updates3d ago · 27 Aug 2026, 05:36 pm

General Updates

Adani Power Limited · ADANIPOWER

✦ AI SummaryDivestiture

Adani Power Limited has informed the Exchange about Signing of Agreement for sale of a Subsidiary. The company has executed a Share Purchase Agreement for the sale of its entire stake in Chandenvalle Infra Park Limited to AdaniConneX Private Limited. The transaction has been closed with a sale consideration of Rs. 535.69 crore subject to adjustments on closing date.

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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Adani Power Limited has informed the Exchange about Signing of Agreement for sale of a Subsidiary

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ADANIPOWER_27082026173638_APLSPACIPL27082026.pdf

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August 27, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 533096 Scrip Code: ADANIPOWER Dear Sir(s) Sub.: Intimation for signing of agreement for sale of a subsidiary This is to inform that a Share Purchase Agreement (“SPA”) dated August 27, 2026 has been executed by and between the Company, Chandenvalle Infra Park Limited (“CIPL”, a wholly owned subsidiary of the Company) and AdaniConneX Private Limited (“ACPL”) for sale of Company’s entire stake in CIPL to ACPL. Post completion of the transaction, CIPL shall cease to be a subsidiary of the Company. The details of the above transaction (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 Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026) are given hereinbelow: Sr. No. Particulars Details 1 The amount and percentage of the CIPL is yet to commence turnover or revenue or income and commercial activities, however, it net worth contributed by such unit holds sizeable land parcels in and or division or undertaking or around Chandenvalley Industrial subsidiary or associate company of Park in Telangana with certain essential land approvals. the listed entity during the last financial year; 2 Date on which the agreement for August 27, 2026 sale has been entered into 3 The expected date of completion The transactions has been closed of sale/disposal on August 27, 2026 4 Consideration received from such Sale consideration of Rs. 535.69 sale/disposal crore subject to adjustments on closing date in terms of SPA. Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN : L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421 5 Brief details of buyers and whether Buyer: AdaniConnex Private any of the buyers belong to the Limited ("ACX"). ACX is a 50:50 promoter/ promoter group/group joint venture between Adani companies. If yes, details thereof Enterprises Limited (AEL) and EdgeConneX. The promoters of AEL and the Company are same. 6 Whether the transaction would fall Yes. within related party transactions? If yes, whether the same is done at The proposed transaction is being “arm’s length done on an arm's length basis. 7 Whether the sale, lease or disposal Not applicable of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations 8 Additionally, in case of a slump Not applicable sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale Kindly take the same on record. Thanking you. Yours faithfully, For Adani Power Limited Puneet Bansal Company Secretary Adani Power Limited Tel +91 79 2656 7555 “Adani Corporate House” Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanipower.com Ahmedabad-382421, Gujarat India CIN : L40100GJ1996PLC030533 Registered Office: “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421