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